I think you are right on the nail Fyfee, factoring in current single asset with 7.2 year mine life I think the $360 million MC (12c) is what we will see after debt payback. Hopefully the benefit of the latest capital raise will be a reduction in debt required/accelerated pay back period. Next leg up for growth likely to come with a second commercially viable ore body and its development into production (RRL playbook)
Good luck all.
EMR-Great team and safe resource
Ann: Successful $27M Placement for Okvau Development Activities, page-28
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