Ann: Second Quarter Activities & Cashflow Report, page-13

On risk , all things being equal To me it Comes down to payback time for a mill , 4.5 gram a tonne recovered free milling ore with around 10:1 strip ratio has a fast payback - months

There is also Wiluna similar distance away to CYL's Plutonic , Wiluna is currently reprocessing tailings , administrators have been doing a better job than the previous management, actually making coin . Wiluna has a full CIL circuit I believe , and low cost as on the gold fields gas pipeline .

Yes big hurdles building a mill (first OAU and GBR need to merge) , but it has been done before in the area at Andy Well , I was involved with that as an investor from the start so yes maybe rose coloured glasses .
Cavalier looks to be going into production soon its a microcap near Leonora with a heap leach operation very low grade , compared to OAU , I know which one I would prefer to be in .