RE:RE:Updated PEA for Adumbi ..V Lake ProxyI entirely agree with your point.
In an earlier update of ABX exploration success.....Nov 2020....there were indications of excellent prospectivity for quite a few targets, but as only scout drilling a few holes by ABX was the calibration choice....indicating that ABX wanted to downplay any real calibration data.
Further, in June 2020, the JV was modified such that ABX would have first right of refusal for Makapela.
ABX already knew that its satellite deposit just 7 km away was a Makapela clone and probably connected by extensive basement gold lodes.
The PEA won't take much time to do and requires only the last few holes at Adumbi...4 more currently being drilled..to update the 43-101 and insert into the PEA model.
AGM is on June 25.
Its probable that the PEA will be announced at that time if not shortly before.