You know sometimes the simplest answer is the right one. The BFS came out how it came out no games.

People need to stop wishing and hoping and deal with reality here.

The starting pit has an after tax is 64 million dollar npv based on a 21 year mine life with 171 million tons of resource treated as waste.

To anyone who does not know the property it looks pretty worthless but to those who know the area it is just the starter pit for a 50 or 70 year mine.

I don't think there are any games being played here. I also think CUU managment was surprised at the market reaction as everyone believed that releasing the BFS would unlock the value of the district not crush expectations.