RE:Important details dragging on the stock in the 2023 stmtsIMO:
1) IAU has too many balls in the air re. land packages and the capex still needed to be spent to develop their projects.
2) Underground mines are a higher-risk gamble as they are usually much more costly to bring to first pour vs. open pit.
3) Joint Ventures will further complicate things re. how much an IAU share is worth.
Basically, IAU appears to be taking on too much too soon and are out over their skis.
Much more preferable IMO to have a single open pit project (e.g. ARTG) which is focused in terms of capex spending and typically easier and less costly to mine.