Are the high recovery rates really “nothing news”? I am also not overly concerned by a 4 week slippage in the PFS. If they came out and replaced June 2024 with H2 2024 I would be very concerned but this is a nothing burger in the scheme of the project.
I have not been following the company regularly, as I am simply waiting for the PFS, however, when I have had a look the daily share trading volumes have been very low so at this stage I am not lead to believe that the PFS will be anything but positive.
If you plug in the current price of gold into the Scoping Study, you are looking at $700m + LOM revenue earned. That is serious money.
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