Recap:
Based on existing good grades
Based on more drills to come, potential to increase resource.
Based on close to infrastructure and close to a port
Based on shallow depth. Cheaper, quicker, cleaner = more
chance of Filipinos giving the green light.
Based on trend for Filipino govt. to shut down illegal mines and allow foreign firms to operate (safety, environmental).
Based on decision to maybe set the mine up at high grade site = cash sooner = good.
And of course POG.
Anything else?
Could be wrong though.
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slightly different spin, page-33
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