Some quality posts here
I tend to agree regarding why would their be funding of underground scoping studies if approvals were no chance
I think market has discounted SA assets to nearly <5% chance of approval
I think the chances are closer to 50% I do think we will get the smaller mining permits, Mining Right application is the big one and I am about 50% confident. But that 50% confidence comes with the potential of 1000% upside IMO
Sensitivity Analysis and MC valuations, page-68
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