Thanks, Dano. I would be surprised if they did not exercize on Headway. It seems logical that they would try to do a deal at this point to drill it off from adjacent mine workings (or a drift / ramp from those workings). Obviously they could also return and try to complete the deep holes or cuts off them. A lot of the work getting down has already been done.
If we were looking at a declining gold market, it might translate to backing out of this or other exploration ventures, but it is just the opposite with expectations for the commodity still looking at least firm with an upside bias. But it seems logical they might venture part of their interests out from my view. They are sitting adjacent to head frames in a very prolific camp with good logisitcis and a stable political climate.
Good to hear headway budgeted for. Now exploration financing is another item. It has been a very weak market re risk takers.
If they did send it back to KBG, I could see the latter moving on interest in that asset.