Might add in my 2c re scoping study
in the current climate there is high uncertainty around all parameters feeding into the study. Whilst we’re all hoping for its release soon, we might actually benefit from a study that captures the idea that cost pressures have peaked. Patience will be rewarded.
the consultants feeding inputs into the study will want to tread carefully and will have to work harder in order to do so. I expect a very wide sensitivity analysis.
re CEO, yes an experienced alpha will excite the SP. However, do we really need the cash burn at this stage or can it wait until post scoping study? What does bringing on a new CEO now mean for t/o prospects?
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