What everyone here keeps forgetting is they have the mining...

What everyone here keeps forgetting is they have the mining licence!!! That means they can commence drilling as son as the plant is recommissioned or within 5 months of the feasibility study.
More interestingly It also means that should a t./o eventuate - a certainty in my mind once the resource hits 7 digits - then the new player can drill straight away without any red tape.
How many people reading this have sat on a junior resource ASX stock waiting YEARS for the red tape to be cut? Its not BS. It can take 2 years to get Government approval to mine in this country. Two years! That's one helluva saving in time and money for anyone on the acquisition trail.
This company will have a big target on its back very soon.