It's a tough one and would require a second capital raise into a...

It's a tough one and would require a second capital raise into a fairly apathetic junior mining market. Cookie's Westgold as a partner does have some benefits (he knows how to run mines on a tight budget, likes to acquire assets, has some mills nearby and relationships with mill operators nearby that can be leveraged..)..

The recoveries are pleasing though.. many a project has been destroyed by poor metallurgy or negative by-products. Also reinforces the opportunity to toll treat at a nearby mill (as the straightforward met means no special kit required) if the ultimate reserves are too small to undertake a stand-alone mining operation. If a stand-alone operation is achievable, it will mean a cheaper plant.