Newcrest announcement yesterday.
https://www.asx.com.au/asxpdf/20180130/pdf/43r42dmjgl15w6.pdf
Seguela still headlining their early stage exploration plays for the moment with a maiden resource of 5.8Mt at 2.3g/t for 430,000oz of gold at Antenna which looks to be reasonably well defined now.
They'll have to improve on that to get a mine off the ground IMO. Still early days with more regional exploration starting now. The royalty should start being worth something if they can get over a million ozs and a viable mine plan. Wouldn't be surprised if NCM don't end up selling Seguela to a smaller company in the end if the size doesn't stack up. Maybe PRU?
Esh
Newcrest announcement yesterday....
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
