Profits, page-31

Just comparing Noosa 23 with gophers picture. Note the width from the pit to the sound wall and the circled area has lots of holes drilled, looks very much like a blast happening, that's Stage 2 in progress and it happens before the underground. Yes, Rob it means more material to be removed, funny about this, it is a mine.

Somebody compared EQR to a tech company, using profits rather than debt/CR to get going. Can do that with a tech company but unfortunately mines need capital (generally lots of) to start mining, the days of kicking over a rock and finding gold just don't happen.