"I think Renard decision can be pushed out as far as end of Feb."
Renard option exercise will cost $52m / 0.49c = 106mil new shares to be issued.
Renard care and maintenance will cost you guys about $10m every year.
Add in the studies, exploration, overheads and corporate costs its about $50m p.a to run this joint.
Then then roads, the capex...piles up endlessly
WR1 General Discussion, page-32678
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