what did you expect ?A never ending FS study with an open ended timeline ! I feel bad for guys like James who put so much dd into this, and have to have the sp go up 500 % from here just to break even, but as you can see things only go from bad to worse. Dilution, cost overruns, a lousy market, high burn rate, endless drilling for a resource nobody wants to prove that the range connects ( big deal), and so on. Like I said this FS study will be worth more than the entire company pretty soon.
p.s. CN bailing on the area was a big tip off ! They crunched the numbers and ran for the hills !