Makes sense. You gotta figure that if we're not at .036 in over a year, then Jupiter is non-economic.
And with the size of the resource and grade at depth, that would have to mean that we have some pretty dismal mets.
But, if we were going to have dismal mets, then why all the new board members? Hard to imagine they're coming on board without a sniff of what extraction costs are likely to be?
Just my opinion, but I can see thinking behind the oppies at that strike price.
Also, if Jupiter is a bust (highly unlikely) then the heads aren't likely going to be anywhere near current SP...plunging back to sub 1c again...so close to the current price of oppies...not a great argument for preferring the heads against the oppies.
DYOR.
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Makes sense. You gotta figure that if we're not at .036 in over...
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