I was looking into MMN earlier and i cant understand why they...

I was looking into MMN earlier and i cant understand why they are fiddleing around with drilling more holes in the ground and wasteing shareholder funds.

They are looking for the silver price to stabilize above A$9/oz because of the higher mining cost late in the mine life but that isn't much of a reason.

Why don't they start mining or are they prospectors and afraid of entering the big time?

I wouldn't mind buying in but the uncertainty provides another element of risk.

Any thoughts?

Cheers.