This is going to be very interesting when the assay results come in, they know now the dome is a very large intact resource, at the very minimum now we can expect the plant on t3 to quickly be able to ramp up to 5mtpa with little expense over the current plan, with high grade ore from an underground mine at the dome they should be able to average well over 2% average grade meaning 100k ton per year which is going to mean massive cashflow ! They also have many other targets, drilling a couple of these and selling off some of these targets could fund the T3 plant meaning zero dilution ....
MOD Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held