There are some very positive developments here.

Going with electrical power from Blue Fish is much better than simply floating it

as an option. This must mean that they have negotiated the deal to some extent. This would add considerable start-up costs, which have to be spread over the 800,000 ounces. But as the mine life extends, as we all know it will through underground mining to depth, the pay-back of the investment in hydro lines will be fabulous.

The constellation approach, discussing ore from a variety of deposits going to the central mill, are in line with my view that this will be the center of a major gold camp. This is a great long-term story.

I'm a bit unclear what the "new options" that were seen as requiring the PFS to be looked at carefully before releasing. I'm also surprised to see that the plan is for 100% equity financing, as I thought the deal was going to be 60/40 or so.

I'm not surprised at the increased cash costs, as I thought sub $400 was too low.

The recovery rates are also more realistic.

Overall this is good, with an important milestone behind us. Now the focus can shift to expanding the resources and moving on with the DAR submission for this coming winter.

This won't move the market all that much, but it is an important benchmark in bringing production to reality.

Remember that after producing 800,000 ounces, and having paid for itself, this will be a multi-decade cash cow with production ramped up along the way.

When will it be available to read in detail?

SKELEG