The CR was a necessity and the good news ann were to soften the blow. The only thing I am worried about is the NPV. At least they are holding the DFS back until the newer resources are included. Just waiting on estimates.
Once the NPV and mine life we can then start guesstimating what it should be valued at compared to what the market has valued it at.
Once we get the NPV the keys will be more actual tonnage coming on line, tonnage not yet discovered but expected to be discovered by the market, binding agreement stitched up with Ruifi, no delays to production and time as we get closer to production.
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- Ann: Placement to Accelerate Resource Expansion and Expanded DFS
Ann: Placement to Accelerate Resource Expansion and Expanded DFS, page-95
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