Medium term plan: get the PFS completed. (So we're significantly closer to production than SS2 stage)
Steps:
- Studies on heap leach, pit slopes, processing technologies.
- Ore sorting bulk pit test.
- Drill more to get enough M&I for PFS to show strong numbers (since SS2 could use inferred, but PFS can't), and maybe add more inferred in the process eg. North Uphill, or Train.
- Then the PFS report itself.
Pre-requisite: Have enough funding to do so at a decent speed.
Side-quest: antimony drilling/intersections and/or grants.
That's my feel from their presentations and behavior.
But for ASX holders and a US listing, maybe some short term pain for medium term gain? Have some dilution now (that we can't even participate in), but maybe gain some medium term benefits from the US locality/jurisdiction. Or optimistically, a higher trading multiple from future buyers.
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