Thanks for sharing that Timothy. I especially liked that part about sufficient groundwater drawdown rate so that there is no need for surface waters. As you know, the prior info (in the old Ni 43-101 if I recall correctly) had mentioned use of surface water and I have been skeptical of feasibility of that.
Now, if they would close up the 2011 drill records in the Az Dept of Water Resources well database, ideally showing gallon per minute information for the 2011 drills that will be part of the well field, then any analysts doing thorough DD on the AMY story would come up with a clean impression on what has not yet been derisked in public disclosures. If I am understanding things correctly the placement of these are outside of the two types of areas with which the state imposes its more stringent water use restrictions.
Time to get a nice clear path to the future in view for the market.
No major difficulties, cap ex sure, but geotechnically just a path to convergence of production and growth of demand (especially at the high end of the value chain).
Cheers, as we play with that 0.4 boundary again (finally).
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