A miner will only value at a Discount what they think they can reasonable make out of the operation.
Korbel is just about next to worthless.
RPM we don't know if the 1g/t grades are continious only step out drills will tell us this
we are very much a Spec Explorer again.
The timeline in the presentation says it all
we start again with RPM
If it is good we have 3 years to define a resource & then 2 years of feasibilities
Not how they have it
I'd be extremely concerned if that are starting PFS now on RPM when all we have is a handful of holes drilled
We start it when we are confident that there is a higher grade resource at scale.
If not we abandon and buy another project. That is the ethical thing to do. Not continue to burn investor capital
AND MANY ARE CURRENTLY BURNT
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A miner will only value at a Discount what they think they can...
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