AMN has about 700km of road upgrades based on the map. So low grade and major road upgrades... that's going to destroy their DFS compared to their peers.
However, the sentence 'The ponds will facilitate the long-term evaporation trial to support the DFS' is a pretty big WTF moment!!! I can't believe they haven't even started testing pond design and trials but chucked out a PFS anyway!!! Long-term evap trials means years if done properly. Well I guess if you're a shareholder you may as well put this stock in the bottom drawer for a few years
Ann: Quarterly Activities Report, page-2
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