Many projects go into production without a BFS.
The value of what we have doesn't change based off some consultants modelling.
The valuation is where it is because this mine will likly earn around $1.5 Billion in Ebitda for multiple decades, moving over into speculation but with that kind of cash and proper execution you can grow a new major mining company.
Not saying the studies are not necessary but it's scale and quality has already derisked the project far more than any study can.
Ann: Presentation and Webcast - Resource Rising Stars Conference, page-5
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