I don't know if anyone has posted about this, but CE said in the...

I don't know if anyone has posted about this, but CE said in the interview that he first started investigating the Renard opportunity around the time it went into administration. At that time, there we were experiencing extensive delays in receiving assays and the drilling delays also arising from the fires were happening. I think at that time the MRE was forecast to be second quarter this year.

So I am reasoning that once he saw the opportunity, all stops were pulled out to accelerate progress and change the assay lab (I think), so he could pursue this. That has involved getting the MRE out asap etc. so this option could be negotiated with some degree of confidence. But it also occurs to me that even if we extend the option on Renard to its maximum, we would still be paying for it before the DFS, which I am pretty sure CE said in the interview is proposed for late 2025.

I think the DFS is already a foregone conclusion, but we better get the skates on to accelerate all the necessary work so the horse gets back in front of the cart and the DFS is completed and finance secured to align with a new timeline dictated by the option agreement. It's a huge challenge, but I think CE has this!

Regards

DF