inflationary pressures, capital spend blow outs and labour...

inflationary pressures, capital spend blow outs and labour shortages all contribute significantly as to why you would not want to start mining in this environment.

I've been speaking to a number of MDs of juniors who were in a position where you could say they are/were study ready. But since the recent downturn there seems to be a general consensus from the juniors that the market will recognise exploration upside and success at a better multiple than studies, development etc. This commentary has more so been from the Base metals & Lithium camp but there is still some cross over.