Originally posted by Sharetrader78
Jumping the gun here but 1.2mtpa plant feeding 1.8g/t ore 90% recoveries =60,000oz+ gold pa
using a high AISC $1200 = 650oz margin x 60,000oz =39million EBIT (wouldn't take long to pay-off 30-50mill loan)
If all three assets merge(coolgardie+MRP+IRC) would command 3.8moz Gold resource + 20moz Silver + Vanadium + one very large land holding in the KAL region ..
"1.2mtpa plant, + 3.8moz Gold resource + 20moz Silver + Vanadium + one very large land holding in the KAL region ."
Sound pretty impressive