chuk as we all know gold mining is a very risky business, especially underground mining. Look no further than the KCN Challenger mine ,once one of the lowest cost a few years ago and now a big headache to turn around
So metrics alone dont tell the full story. The story is about becoming a derisked, multi mine multi mill 400,000 ounce pa massive cash flow generator, self funding CAPEX and exploration to become a 500,000 to 600,000 ounce pa serious world class mining house in a few years. WMC reborn
Which is why its a great deal for SLR and IGR shareholders with a long view
For those chasing 5 to 10 times returns in the next year or so you need to find a SLR lookalike in the sub $50million market cap space
let me know if its out there, I cant find it.
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