announcment, page-37

"Longer term, even if great assay results, a major cap raising will be required for development - another large hurdle leading to subsequent further volatility."

That's what I thought with SIR!

Don't forget the large high grade gold minealisation is amenable to gravity recovery.
ABU is expecting to process from gravity only for just $3mill capex for trial mine capacity and then minimal cost to expand to 150ktpa.
Then $2-4 million to expand to 300ktpa (over 80koz per year at 10g/t) to be funded from cash flow.
OGX may have 20g/t if using selective u/g mining.
That would produce around 80koz at just 150ktpa and in Brazil operating costs will be very low at those grades.
The gold operation appears as though it could be worth much more than the current roughly $18mill mc (diluted for performance shares).
ABU has a mc near $100mill. It is further advanced with a jorc resource but shows the potential upside for OGX on the gold alone.