GNX doesn't know how much the construction setback is going to...

GNX doesn't know how much the construction setback is going to cost so Skip are likely just playing the wait and see game before coming back to the table. There is no contingency fund left for any other unexpected expenses and the wording of the below statement doesn't inspire much confidence how much this is actually going to cost. Also too bad if they hit any other unexpected geology in the new location that they decide to move to. Don't be surprised if they come back again with an offer below 25c.

"However it is now expected that the additional cost of the MAT realignment will result in Genex further utilising the remaining project contingency and, as a result, based on the information available to Genex at the time of this announcement, the total cost of the Project is estimated to exceed the financial close budget for the Project by $10 million to $15 million. Notwithstanding this, Genex currently has adequate cash resources available to it to top-up the project contingency commensurate with this estimated additional cost."