Hi nikelin IMO, you seem to be asking all the hard questions and...

Hi nikelin

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

DYOR