the optimistic assessment is out of ore by 2019... not sure how you get 7 years out of that. That would be 7 years from commencement. SFR have made no secret of the fact that they have a limited amount of ore and need to get their hands on more or the company is worth nothing more than the NPV of 4 years cash-flow + the depreciated value of the processing plant.
and I think it's fair to say the the longer the mine runs it's typical for the grade of the ore to diminish.
IMO the market is betting they can do it.
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