I think the reason is lack of funds.
As I said in another post:
Think about it, they need to finance resource extension drilling, mine studies and the mill restart but currently have no cash. We are cashflow positive as of this quarter, but it will take a while to accrue the necessary funds. For example, in a recent youtube interview Ashok said the mill upgrade will cost circa ~$40 M, but they won't have that much surplus cash until Q1 2026. Hence, the refurbishment study deadline is end of Q4 2025.
I think the reason is lack of funds.As I said in another...
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