Millions spent on exploration 10km+ away, when they can barely fund and reach mining and production inside the fence.
All stemming from being behind schedule. Without that issue, there would be less funding issues, and exploration costs and NE holdings costs would thus be less of an issue. Processing mined ore months ago might have almost solved it (6 months now since they announced mining? But no evidence of processed mined ore yet?).
It feels like they're on a razor's edge.
2 short term funding facilities. Lots of delays. And after how many years of accumulated holding costs from NE ($XXm sacrificed), and then regional exploration.
Too bad they won't provide true transparency. Or maybe they would like to, but know that it's likely to backfire, if the government is prone to delays. Crazy to think that now is practically 'more' stressful than the C&M period.
Millions spent on exploration 10km+ away, when they can barely...
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