"Because the CEB underground isn't going well and draining valuable cash reserves? Maybe IGR is on the wrong track... perhaps there are better projects in the portfolio to be focusing on instead of CEB."
Note this comment from Hybrid's link summarising the conference call:
"IGR underground potential to feature from 2014, with big underground potential at Majestic."
This suggests there won't be any CEB production this year or next and that Majestic may be the first UG deposit developed.
