I think it is potentially a brilliant move on the company's part. A lot less capital to get us into serious profit. Don't forget that the resource is potentially a lot greater than the current 20 year mine life. If we get funding for something which produces even $40m net per annum, this current low share price will be a distant memory.
I am putting two and two together...I reckon they have funding either sewn up or very close to being sewn up at this lower $200m level.
Ann: Mount Peake Development option , page-10
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