re: Ann: Optimised Feasibility Study at Kirka... they might be a take over target as well,
as they dont need much cash to start up, should make a profit after the first year even if gold price drops below $1200.
3.5 years of generating returns. could be up to 100mil in the bank looks better than most companies trying to start off. credit is the killer in starting up a mine and these guys wont have to borrow much.