We currently have a feasibility study completed for a 100,000oz per year mine with $332 per oz cash costs, 700,000 oz reserve. It's good, but not great. That's already got people having a look this way, from observation however we need to find another deposit and crack 1 million oz reserve before things will get exciting.
1 million oz is the magic number and multiple deposits desirable. With the money they are raising and with the partnership with Newmont if they can find a few more deposits this one will go. Put it aside for now and give it 6 months we should see some action by then.
We currently have a feasibility study completed for a 100,000oz...
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