Now the ST monkey is off our back, the SP moves.... must be a coincidence.
Next stage of funding will be required for feasibility studies. Feasibility studies can vary between 4-10% of the project capital cost. U/G studies are more often than not more expensive than surface operations given the complex nature of the engineering and operations.
Good move dropping Lochinvar, time to bring some value back to NAE.
Ann: Quarterly Activities and Cashflow Report, page-12
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