The TO agreement is not a big deal IMO, simply a formality in the journey to get a ML. You won't see many other companies making a big deal of the TO agreements.
I will keep an eye on income after mining starts (that's if it ever starts), my concern is the full cost of the exercise is a lot more than we know, they have been to tight lipped over community consultation along the road to processing plant, we don't know what the LH agreement is and we also know George Town processing fell short with a better deal that has reached with this new processor.
After seeing envestments in RSN and LNY being significantly eroded in the past it's now appropriate IMO to look at this company with a logical point of view rather than a wishful hope point of view.
