With miners unable to replace reserves due to past exploration cutbacks, and a lack of new discoveries, the new normal going forward is for gold production to be flat to negative.
As gold continues to linger around at what is currently the $1100 through $1300 price range, this will make Timmins with the AP Project, along with only a handful of other explorers that are near production with high margins assets, a seller's market, and thus even more valuable for shareholders to own.
Mid-tiers are no doubt preforming serious DD on the company, and I would venture to say that in less than 6 months after the FS is release, before production ever begins, this company will be taken-out at a 30+% premium over its NPV.
For myself, that's the bottom line, why I'm invested, and all else is just noise. GLTA