re: Ann: NSW Mineral Exploration and Invest C...
I personally love best page no. 18:
Decline construction to start in october 2011 !!
2 months from now we won't be an explorer any more but a soon-to-be producer! Merits a thread of its own, I think ...
BFS must be kicking ass - well, how could it not with current gold prices? A forward sale of just 50% the first two years of gold production at current prices will go a long way towards financing construction of the mine and plant ... (and leave some money to buy put options on gold for an additional chunk, just to play safe).
YTC Price at posting:
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