hal2000,
There will be a rapid increase in expenditure. Increased drilling to prove up more resource. Plus further drilling to move inferred into indicated/measured category. On-top of that consultant fees to complete DFS will be enormous. A lot of helicopter rides.
The inferred resource is more than 50%...
The estimated cash-flow will not decrease.
Go and refer to the last few cash quarterlies. They both estimated 6m and ended up with over 9m++
Next quarter they estimated 7.8m.... why is it not decreasing below 6m then?
Your assumption is DFS can be done off inferred resource? No more drilling?
hal2000,There will be a rapid increase in expenditure. Increased...
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