RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:My two centsHi Sooner, you would think the recent drill results will have a positive impact on the project's profitability. I'm coming to the following conclusion the more I think about it: WRN has their own methodology of calculating the project's worth, the firm hired to produce the PEA has their own methodology and RIO has their own methodology.
What shouldn't be up for argument are what the grades of the ore body are, the size of the resource and the metallurgy. Once you have the identified ingredients, each party can arrive at their own conclusions. The ingredients, as mentioned above, seemed to have just gotten more lucrative in favour of WRN.
Let's hope the BoD will take into account the pending increase to Casino's value when dotting the i's and crossing the t's on any deal that has to be hashed out.