RE: Supposition...4 Jun 2020 12:20
JPK, from the link you provided:
Amur Minerals completed a pre-feasibility study in February that outlined two production options for Kun-Manie, and a Russian feasibility study known as a TEO is underway and due for submission at the start of December 2020. This would be followed by a second phase of Russian documentation with final designs and approval. The TEO results could also contribute to a Western-style definitive study. The remote site in Russia's Far East would require a 338-kilometer access road across difficult terrain at an estimated cost of about US$129 million, but the Russian government could help with funding.
So the TEO is only phase 1.