Unfortunately in this market climate we might need it all !! Including your recommended step-out! An increase in the size of the "find" @ 10gm's per ton will certainly help.
Having a 2nd or 3rd mineralized zone will secure another level say..... $ 3.00 - 3.50.
I have looked at tons of companies in this arena....along with Danny Deadlocks charts etc.
It is very hard to dismiss PRB. Worse case scenario Dave finds more gold.
Looking forward to Late Jan / February.....I am game for a quick buyout.....not sure if a major will be interested or not ?.
The PEA will explain a lot more in relation to CAPEX required and best mining practices approach.
It's all pretty good..!