I believe in what I've said. We already have a 14 year mine life at Syama which could easily be increased.
We could add the 115koz/annum that Ravenswood promises by scaling Syama from 2.4Mt to 4.0Mt. That's equivalent to the 139koz/annum (before Mali government share) at the reserve grade of 2.7g/t. The resources are there to allow this level of scaling.
I'd don't want production scale for production scale's sake. That's the mistake gold companies made last time, b trying to grow at any cost.
The faster we get FCF from Syama, the more flexible and secure RSG becomes.
If someone offered to throw more than $187.5 million cash at us for Ravenswood I'd be taking it. I doubt that it is worth very much more than that on a de-risked basis. Esh
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Last
43.8¢ |
Change
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Mkt cap ! $1.543B |
Open | High | Low | Value | Volume |
42.5¢ | 44.5¢ | 42.0¢ | $5.923M | 13.60M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 756117 | 43.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.0¢ | 1225341 | 69 |
View Market Depth
No. | Vol. | Price($) |
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1 | 20000 | 1.245 |
14 | 458433 | 1.240 |
12 | 312067 | 1.235 |
6 | 139692 | 1.230 |
6 | 131961 | 1.225 |
Price($) | Vol. | No. |
---|---|---|
1.250 | 371388 | 17 |
1.255 | 220916 | 10 |
1.260 | 134993 | 10 |
1.265 | 104166 | 6 |
1.270 | 38032 | 5 |
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