You Must Read (Hear) Between The Lines, Because Webb Just Can't Come Out and Say It!
That is, it must be torture for him to not be able to jump up and down with a sign that reads:
"TYHEE'S PRE-FEASIBILITY STUDY WILL KNOCK YOUR SOCKS OFF"
After all, he must now have a pretty good idea of how much much lower the production costs per ounce of gold will be when they show up in next year's Pre-Feas. study. Compared to the $384/oz indicated in its last year's Preliminary Assessment study, there's enormous potential for a significant drop in costs.
I imagine that in those closed door sessions Webb's had with bankers who've allegedly told him something like, "you show us your Pre-Feas. estimated production cost of (ooooh...let's say conservatively) $285/oz, and hey, we'll show you the money."
With energy costs, perhaps the biggest expense in operating a mine, now much lower, and the looming possibility of even lower costs if a line can be strung in from the Blue Fish hydro dam, it must be real tough for Webb to curb his enthusiasm as gold prices skyrocket. So, why even try?
Go Tyhee!
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