There was some islamic unrest in BF, albeit hundreds of miles away from WAF, in the hilly jungles. ? Perhaps, but I thin generally it's more to do with Gold price and general macroeconomics.
Couple of big takeaways from the Ann other than the continued gold proesence at dpth deeper than expected up coming DFS.
Visible gold, should deliver high g/t assays, and depending on dates will probably be included in resource summary, but not DFS. The joining of the strikes, creates a potential for main shaft and access levels expenditure, vertical tunneling to be conducted singly for both M1 and M5, that would be a very big win. Couple hundred mill in costs and considerable time-value of money gains.
Many months ago, the resource (give or take) doubled down to around 500m; and a few here have referred to the high likelihood that the top ha;f related to the $100mil DFS of last year may also double in value due to variation in mining techniques (dumping the 35:1 strip for opencut).
This very exciting this Ann, behind it's typically dry here are some numbers type delivery we know Mr Hyde for. Delaying the DFS from Q1 '18 was always gonna be a good sign for LT holders. I think instos are awaiting more definition on the numbers, then rerate #3 to 70c range, I am GUESSING.
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There was some islamic unrest in BF, albeit hundreds of miles...
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