Lol... "Assumpta" making Assumptians? But realistically, the...

Lol... "Assumpta" making Assumptians?

But realistically, the feasibility study could well swallow the whole bankroll. Then we'll need to raise capital or find a development partner in a buy-/earn-in deal. So there'll be a bit of dilution before the money starts to roll in.

Also, what's the lead time for a mining development project to become cumulative cash positive? I wouldn't be surprised if it takes three years to reach that point.

Any movement in share price before then will be based on future outlook rather than earnings, so I expect there to be swings.

Experienced holders of resource exploration stocks will be but there are some new holders (welcome) who might find the prospects interesting.

Also, if you haven't seen it before (other than in the acquisition announcement), the prospect is here:
https://goo.gl/maps/wUvkL9Q1H1u