IMO pit expansion at NAL is really pointless unless it's timed to come online AFTER the chemical plant. Otherwise, why bother with all that work and expense if half of it will be subject to the existing OTA noose around our necks? I would rather that investment in Vallee took secondary priority to exploration of the Troillus claims, because in my mind that northern hub represents the best upside for us. Vallee, if it turns out to be anything, is only going to have value purely as extra feedstock to bump the useful life/output of the carbonate plant.
I share SB's concern about how much we spent on Vallee, but to a lesser extent on Troillus. At an uneducated guess, if Moblan truly is a monster in such a small space, then the likelihood of similar rock on immediately adjoining tenements is fairly high and maybe worth the price we paid, even if the remaining 1000km2 of Troillus is fruitless.
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IMO pit expansion at NAL is really pointless unless it's timed...
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