oh wow I didn't realise that even the PEA in 2018 was also...

oh wow I didn't realise that even the PEA in 2018 was also adjusted according to other projects... granted, a PEA is the absolute basic of reports and speculative in nature given the lack of data and incomplete/vague information included in them. This naturally needed to be upgraded years ago... In saying that, this doesn't irk me as much as basing current reports (being at the current state they are) on old (unreliable/back of the napkin) data then including adjustments to those same figures based on other companies.

Let's be honest, a company at this stage in the game should well and truly have an updated feasibility study at minimum. Especially when they're releasing new reports such as this announcement based on 6 year old data. It's definitely embarrassing and they know it. I've said it for years, but apparently the reinvented, fast-tracked business model is close your eyes, jump and hope there's no rocks under that water. They should realise by now the ASX doesn't allow this approach - making them state they'll be conducting more detailed financial analysis for accuracy.

We can only hope that they're lucky and the figures are somewhat close to their estimates until such time we get the updated and more accurate financial estimates that we've been waiting on for a long time.