Hatmopit, even so, I think it's giving worst case scenario dude. Correct me if wrong but from memory they were recovering alluvial type2 during the last wet season, and I don’t believe Miles and the BOD will let the leased machinery sit idle.
BTW hope it’s not too early to comment but oppies seem to be in favour and trading at a healthy premium - what with ML to be granted by December and options expiring comfortably well into next year, it seems the oppies which provide much better leverage are very much in favour. GLTA and DYOR.
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