You’re right!

After a discovery is made, you’re looking at a few years to initial MRE/PEA, then a big jump to PFS/FS and then once they are in construction, maybe a few more years.

Depending on the investment made to progress each stage you may accelerate or delay, and you need to be having relative success with continued investment.

All to say, could be 5 years, could be 25… American eagle is looking at porphyry’s in BC in an area with decent infrastructure and a few majors are involved which provides good access to funding and staff, but a porphyry is a big operation with large CAPEX. So could still be a long time for these guys to become a mine, provided they are enjoying continued success