My concerns would be.Initial Capex whilst small is a use of the...

My concerns would be.
Initial Capex whilst small is a use of the CAB.
We have our potential 'in house' projects well studied.

Ore grade and type at Luina.
Logistics of ore transport , would need to be a good concentrate to beneficiate and fit in to the mill process at Renison.
Taking on another liability of rehabilitation. at Luina or with the other crowd SRZ at two? locations is it still? near Zeehan.
The points about Capex and logistics equally apply to SRZ option considered here.

I say these are concerns but I am not familiar with the current details of either additional resource option developed over the past five odd years.

I am of the understanding that the grade at Luina is well short of Renison.
The old mine is deep and had considerable stannite before it was shelved by Aberfoyle.
The tailings is not a large deposit, of quite fine tailings.

I am quite conservative in this current macro situation
especially after such long and hard yards have been gained by MLX over a drawn out period
and have a large portion of my P/F in MLX...
I did work at Luina in the 1970s and am familiar with the west coast terrain.
This may overly taint my reticence.
but,
I am happy to be shown the metrics for any aquisition or JV.