IMO, you seem to be asking all the hard questions and raising all the issues everyone else keeps ignoring - even after a fall from a 12c CR to 3.7c in 6 months
IMO,
Everyone around here is thinking that a 1000 oz a month or so if that occurred will make a $200m - $1b market valuation
The nature of Cascavel is that a jorc defined resource is not possible - so predicting a steady state of production or any monthly production level is imo very speculative
This imo is now about earnings - profits after $30m in capital injections since Feb 2017
Exploration is a significant cash burner - not production $$$$$$$$
IMO, caution is well advised - hope is never a successful investment strategy
