I agree with your comments about OP and have previously stated that OP is the main game. However on review of 2012 for this company I still think they should have done SS's on Buccaneer and Hyperion.
I don't think $200k to get scoping studies on Buccaneer and Hyperion would hurt the bank balance much, and this would get both projects into the 'starting gates' to project development.
This would be great for both optionality moving forward (ie. TAM deal on Hyperion), and to give investors a higher positive NPV to look at (Buccaneer would give a reasonably positive NPV at >$1500 POG IMHO).
I rest my case. Don't need to debate my opinion for days.
where on the mining timeline do we sit?, page-16
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