CUB You cant have worked in the mining industry and witnessed...

CUB You cant have worked in the mining industry and witnessed first hand the skill levels [or lack of] these astute managers really have. Maybe ABU could astutely recover the developed stopes TAMs major shareholder astutely left behind when they got out of Dodge. They got out of Dodge in such a hurry all that remained were a few astute tumble weeds and market releases to shareholders astutely blowing up the Tanami Track [and a fair amount of good ore underground ready to extract]
If Old Pirate is so good, then why bother with a trial mining parcel. If it was so good, dig it up and build a plant. No CUB, this is all about the Chinese making more money repeating the TAM scam again. Along the way the usual piggies will have their snouts in the feeding trough. All aboard... ! the Gravy Train is about to depart again.!
Not sure how you "derisk" an ore body. You sound like a Honkers lawyer. Mining is a high risk business.
What concerns me is the previous TAM resource geologists didn't think Old Pirate was anything to go ARGGHGHG about. Also the resource software used for Old Pirate is well known for over stating oz's and resources.
Lets not forget how ABU got that land to start with [most of their land]. That was an astute bit of handy work to secure ones spot on the board when you probably knew deep down you'd have to "resign" from TAM one day. Again, directors doing deals to astutely secure their future not the shareholders. Very astute management.