SAU 4.35% 8.8¢ southern gold limited

Hello Dingoheeler, Thanks for your reply. Am waiting to find out...

  1. 53 Posts.
    Hello Dingoheeler,

    Thanks for your reply.

    Am waiting to find out if the 1 Mt to 4.6 Mt Target is just based on the Vein 6 only or the whole Guboung mine. Hopefully it's not & just V6. Because if that is the case the Exploration target will / should increase
    once they complete all testing / surveys etc & they do the JORC.....also based on left behin ore etc.

    Hoping they can put this into production / sale soon after, unless it has to be properly processed first.

    Hoping they don't need to do a BFS as they should not need to raise multi M$ for Capex - & for what they do require they may be able to finance it on debt lending - based on infustructure already in place - but requiring refurbishment.

    Hoping as the mine is near a power grid this may reduce their capex costs for electricity power for placing the mine into production.

    Not sure exactly what rehabilitation means, but I think Govt may fund this at a high percentage.
 
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