one thing that has been noted is that ground water is less during summer so they should have a good 6 months of mining now, before water rates start to climb again.
With more mining options (multiple panels) then if one does get lower grade, or water intake they can alter the mine plan to suit.
I agree that at 25 - 30mil this is a bargain. What I want to see is another mining option opened up, which we presume will be Fossey East and then some solid drill results.
At the end of the day every day that passes derisks this further, they are mining ore, processing it, getting cheques, paying down debt and drilling more holes...
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