RE: Question about freezingYou are right about R190...
But it is clear about this stock that we have to have two track thinking. R190 is one track and and has a robust econoimics of its own.High Grade, quick run etc..
Second is afterlife. How much of the rest of the deposits would have to remain in ground being expensive to get out? It would be fair to let the management NOT address these issues at this moment and focus on R190, but as investors, we can not escape them, unless all of us are in 90s and can not think beyond next nano second.
Immediate implication would be there too. If FS does not cover beyond R190, which is more likely than not, prices may suffer as stock does not clear up image of one-puff-left-in-it cigar.
Answer to Capex/economics beyond can build our conviction beyond the market.