The idea is that a snow road is cheaper than flying everything...

The idea is that a snow road is cheaper than flying everything in. Though some things would still need to be flown in (ongoing fuel etc?).

Problem being, the snow road scenario was not detailed in SS2 (so we don't know how the economics would compare for that scenario).

It could still make sense using a snow road, but a smaller scale plant and mining plan for example.

The road happening though should remove that scenario entirely though. Perfect.


On Twitter, somebody keeps saying "WHY AREN'T YOU MINING YET?!".

Well, PFS is not done. DFS is not done. I'll just leave this here -



The screenshot is a bit old, but it shows that 2024 is meant to deliver both MRE and PFS.

However, I think PFS could help the SP. There would be some larger investors willing to buy in after PFS, but not at SS2 stage (as risk reduces over time, as long as stages progress). That's ignoring the NPV factor, which could rise thanks to North Uphill (bit hard to predict with so many other factors in play though, including higher discount rate and inflation).