Better than I was expecting actually. Eventual JORC compliant Resource will probably be in the vicinity of 20Mt. Any more would be a bonus.
Assuming an accelerated development schedule similar to what AGO is proposing, and a A$18 in-situ realisable value - assuming a 10% discount to benchmark
20Mt would equal A$360m cash in bank for GIR - which is not an unreasonable start given the number of other projects they have.
Better than I was expecting actually. Eventual JORC compliant...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
