DFS is finally here. $36.1m CAPEX (brilliant). Approx $11m cash...

DFS is finally here.

$36.1m CAPEX (brilliant). Approx $11m cash in the bank and no debt.

60:40 debt equity split means about $8-9m to raise.

EV is $20m at the moment with only a small number of unlisted shares. Given the NPV(5) of 80million, a pre-tax IRR >50%, minimal dilution and the bullish outlook on gold - expect the share price to jump tomorrow - (well it should if the market knows what's good for it).

Now let's build this thing!