Obviously recent movements in gold are only adding to the projects NPV, my derisked NPV derived SP calc with 100% debt is up to 50c by plugging in the current price of gold. Surely 10% of this is a realistic target with the info currently at hand?..
The continued appreciation of gold only assists with the economics of the Nova Scotian projects and will hopefully attract some interest from a few financiers able to provide 100% debt.
Bit of news re progress on the ground wouldn't hurt either..
gold
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