Ann: Quarterly Activities and Cash Flow Reports, page-12

Hardway looks interesting and imo has the strongest potential to yield scale

I dont envy the pressure on the team, but it seems like they have been doing the death of a thousand cuts, nibbling away here and there without any real dial mover - yet. You can see ther strategy is to test as much as they can with the hope they will hit a massive intersection...and repeat it a few hunderd metres away, so they can then focus their attention on that.

idk enough about the economics, but hmx seem to have twice the metal in fewer (and shallower) deposits, compared to cnb...yet we are at less than half their MC.