The DFS is required in order to get financing, don't know why you think it is pointless. Do you think that they are just going to go and start constructing a mine without determining the "feasability" or economics of it?
SIR is aiming to have a low debt/cash ratio financing deal so they don't require to hedge. See https://au.news.yahoo.com/thewest/news/a/24546464/cash-in-bag-sirius-heads-to-the-bank/ might help you understand
The DFS is required in order to get financing, don't know why...
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