SAU 4.35% 8.8¢ southern gold limited

Taechang Mine - Low & High Targets at Gubong Mine, page-10

  1. 53 Posts.
    Hi Dingoheeler,

    Good info about the BFS - I wasn't aware over all these years trading small mining stocks that they only complete a BFS for the banks / funders requirements - & costs multi $'s.

    Guess as the mine was a previous working mine & already has the infastructure built in but may need upgrading, then if they can complete JORC & have ore that may be able to be placed into production then they will have cash flow in a short term. Therefore most probably no BFS requirement . Source is good.

    I recall Hot Trade mentioned something like it may cost them $500k, but think he may of got this mixed up with the overall costings of the Feasability at $500k.

    Recall his post he said he meet up with a bod member. Try messaging him about this?

    Thanks
 
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