There isno point guessing, the immediate prospect Ternera will probably have a LOM of10-15 years, which is already significant.
Just speculating, but based early reconnaissance work completed, we knowthere is gold at the other prospects, so let's assume, the remaining 4have a LOM of 8 years each. Who knows could be higher.
That is already, in aggregate over a 40 Year + LOM operation! comprising of a low strip ratio, almost 100% recoveries, Low AISC & high output.Still early days, alot of work needs to be done, but we should find out more in this campaign and we are going to be continually discovering more.
We have barely just put one foot on ladder.
That is only from a handful of our concessions aswell within the consolidated tenement. Very Very early days but has a potential for as Close to an INFINITE LOM Operation as long as the AISC is low.
There is no point cheering from the sideline. There is no point continually ramping because you could end up beating yourself up that you didn't buy now. There is already enough traders pumping TSO on twitter....
I'm sure there many here (putting my hand up) that thought 4.5c was cheap,than they thought 6.5c was cheap, than thought 8.5c was cheap, now thinking 12.5c is cheap and will be thinking 70c is cheap and Probably $1.50ccheap.
NOTE: A little over 7 years ago GOR was a 5c Junior Minor with a Market Cap of less than $35Mil. From the Size & Scale of their prospects within their tenement at Yamarna, now is a Tier1 Gold Prospect, NOW GOR has a $1.7 Billion Market Cap.
Grades mean very little, Size of Resource, Scale, Output and LOW AISC Is EVERYTHING This is just the beginning!, like @Hateful8 said, you ain't seen nothing yet!
Just kick back, relax and watch it all develop.
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