THE 4 MILLION OUNCE BET, page-7298

There won’t be any significant cash coming in to the business for another 2-3 years. I think this is what has the market spooked as well as it’s rather unorthodox approach to the project. Of course funding will help mitigate the need for any CR but I think that wait is just too much. You have companies in WA who are building plants that expect production just after 12 months of starting construction.

Early mining initiative will be good for $200k-$300k a month which is something I guess.

I respect folks who have sold to move elsewhere as 2-3 years if all goes to plan is a long time to make money or even get your money back. Market clearly isn’t sold on it but hopefully she bottoms out. Still expecting 3-4 cent range before we see 7 again