Hi guys,
You both raise good points. We will have to wait to see how the significant grades are adding to profitability over the coming month or two. I too believe 45k oz conservative. The cash costs are also substantially reduced as the company uses $17 Ag (from memory) in its modelling.
The tailings project appears to be the subject of a new vehicle to drive it forward. We need to wait six months for all the drilling results, but I would suspect the company will be courting interest in the meantime. The audio broadcast indicated the company had received interest from Asia. Watch this space.
Gold and silver is the main game for the current time.
Cheers.
chart - for those interested, page-12
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