RE:RE:RE:RE:RE:IMC is why this Mine will make Money! Wake up!!!!
Well, they COULD have simply asked what drilling was required straight upfront so it could have been done in one attempt rather than this, the THIRD attempt to do the SAME thing because it wasn't done to IMC's (and the banks) satisfaction the first two times.
IF IMC had really wanted to be sure, and reassure the folks that hate entering into business arrangements with actual risk, they could have done the study themselves, with their own engineers, and then presented the results to Woulfe, thus leaving the ball in their court. They could even have had Woufle pay for part of the work, but at least Woulfe would have known there would be no complaints about HOW the study was done.
Heck they could have used the old Imperial Japan information and gotten enough from that and past production yields based against Japanese assays to figure out what modern yields would be likely to look at. It wasn't like this was a new hole in the ground, it's been producing tungsten longer than most of us have been alive.