RE:New Press Release…I think the key in the press release is the mention of reducing the capex and opex, those refer to the capital expenditures to initiate the mine and the operational costs to keep it going. It doesn’t matter how much gold is in the ground, what matters is the cost to extract it.
I think that may be the sticking point in signing a deal. I think Laurion’s original projections may have raised some suspicion with the potential buyers. It looks to me as though they are trying to validate those costs (and potentially reduce them) so that it is more attractive to the investment firm that will buy them.