Yep well spotted mate. I think you are correct and I suspect the comments about the decline drilling mean that material is not in the PFS update yet. They probably have to drill more to include it as these “early” tonnes, slashing 13km of drives off the model will also have a massive impact on NPV.
Toho got FIRB now.....roll on the closing deal ceremony.
With all these enhancements I cant see how this wont go to 80c soon even in a bad market.
Ann: Additional $10M Strategic Investment and Abra Update, page-15
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