Ann: Quarterly Reports - December 2017, page-38

I agree with you that it is a really solid report. It is quite amazing what has been achieved in a mere 12 months at Mt Cattlin. The next quarterly will reflect the 2018 pricing and by the end of this year we will also see the results of the improved recovery. The financial projections must be very impressive.
As far as James Bay and SDV are concerned I respectfully disagree with you.
In relation to James Bay there is a structured timeline for environmental and social milestones and gxy has set out in its project application the tightest timeline possible. There is no way of speeding this process up.
In relation to SDV, remember that ORE almost went broke because it rushed its development and made mistakes on a grand scale. Gxy needs to understand the hydrology and chemistry of its sala before committing major funds. My reading of the announcement is that they are making good progress on this front. I prefer having almost $60m in the bank to a CR to cover the cost of a major stuff up at SDV.