Could not agree more seadog but who hangs in for production not I. But then how capital intensive is it to make some ponds, yes over simplified i know but really its gotta be heaps cheaper than hard rock mining. The bigger worry would be the 2 years to wait for the water to evaporate. so i would not hang around that long for them to become cash flow positive plus i think the big upside will be well before that. a JORC is what im looking for then we can all make a good decision.
Yes i know thermal fumuroles free heat and all that could make it happen quicker, but none of that matters until you have a JORC. one step at a time. Get the JORC (or close to) and see what suitors pop up.
Could not agree more seadog but who hangs in for production not...
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