I agree that the estimates are very conservative but this is still a great release, the PEA is done, we have a mine for 22 years, with a NPV in $C of almost $550 million using only 660,000 tons of resource. The RE estimate was 1,418,000. Lots of room for upside on the resource, and the discount rate should drop considerably with further study. Will wait for the report to be filed, but I have to say that it looks very good at this point.
And the market seems to like it, nothing like having a 22 year mine with $150 million in cash flow per year. It can only get better from here.