exactly my point
also the reason for 2 small CRs last yr instead of going for the big one w.r.t funding capex. Gut feel, come july-aug, if opps aren’t in the money, they’l do another raise at 8-10c area to keep the ball rolling enough with EMI for remaining DFS-drilling/modelling etc till they’re able to package it better for a suitor.
maybe they’l get funding/debt approval to put them in a better position to negotiate but not go through with it, lets see.
highly surprised if not a TO within 12-18 months. Just don’t see them going the 4 yr distance before stage 2-3 are added (till then it’s still 60k oz pa).
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