They've been telling us for a while how they see the value coming from this. The ROV is what they will base their expectations off. The waste was left because they see it as value. I would speculate they are valueing this off the returns not the pounds. This is why we are buying time to advance the permits.

Add in our buyout cost to the 8% after tax valuation and we'd have to sell for about 4 cents a pound. That's diddly squat. Anything over 4 cents would make this unfeasable and definately not bankable. We are not selling this as a deposit. So to expect the sales price to govern the buyout you'd have to expect this to be a mine.