Hopefully some news this coming week, some clarity on the direction the brains trust is taking us will stop a lot of us over thinking.
Like most of us here, possibly including SM, I do hope Mukuyu 2 is first in line to be drilled, they do have the luxury of choice if 3D delays that from being first, but as stated by others, cash is king and a failure elsewhere leaves us with limited raising options, unless a Jv etc for Mukuyu is dependent on 3D.
SM has always said they want to get into production asap. If Mukuyu is indeed as good as SM thinks, the obvious answer is to persist with getting it up. I think the unknown is who is sitting in the background waiting and will we get development assistance to fast track turning Mukuyu into a pin cushion.
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