RE:RE:Video Conference Meeting Between CFO and BMO AnalystHe admitted that the end of life designation for Santander was mainly because they had not done any drilling. As I expected, the "cost cutting" they did last year was really just delaying needed exploration and development. It sounds like Santander actually has the potential to be a much bigger mine, but a large investment would be required to develop deep underground mining.
I really liked the idea of developing RP2.0 over 3 years instead of 2 years in order to use cash from operations rather than dilution and debt. This is very good news! It means management may actually be trying to avoid future dilution. Maybe the dark cloud of dilution that was hanging over this stock can finally be lifted.