Been watching a long time, and they are moving in the right direction now as a company.
However, figure 6 & 7 suggests this needs to be mined as an underground like Lotus. Huge lateral stripping required for open pit mining given the geometry shown.
At an underground relevant cut-off, say 3.0gt (not 0.5gt or 1.0gt) I wonder what the resource would have been? 600koz? That the reduces the potential future reserve.
EAR Price at posting:
17.5¢ Sentiment: Hold Disclosure: Not Held