What I worry about
My biggest concern now is: how much of the previous feasibility and economics studies were carried out with the same rose coloured glasses as was the Revenue Silver fiasco?
Now we are awaiting "metallurgical testwork" to determine equipment needs and criteria for detailed design". Uh?? wtf?? What the heck were previous feasibility studies based on? Yikes!
This along with (imo) the potentially zinger of a statement in the last sentence of the "Feasibility Study Update" that says "optimization of the mineral reserves, production rate". This reminds me of the Revenue Silver Mine feasibility study that said "some minor safety issues etc". We all know how that turned out, they didn't have a clue and we essentially went bankrupt because the project was NEVER viable due to safety issues. Well, the same may be true here with regards to production and optimization issues.