Interesting that he's focussed on molybdenum.

In the pre-FS moly accounted for 50% of our NPV. In the FS it was down to 12% because of the significant price drop over that period. Moly alone contributed to the results of the FS being so much weaker than the pre-FS to a great degree.

In the FS though moly is not as signficant if only because we'd already taken the hit. Still, there is no doubt things would look a whole lot better after optimization if the metals prices were higher.

I think the main point is to lower the capex and opex. If they can do that to a significant degree then by the time they get a permit and look at having it in production, the prices should be up again.