The relevance here loganboy is that in 2021 the gold price will continue to strengthen. For juniors not yet in production (barring a quick start up with RMS in a JV for Grace), a key consideration will be cost of production.
With Grace we have a resource that will have an AISC as low as $500 oz au. That is in the top 10 of the lowest AISC resources in the world. High grade, low AISC gold resources are already rare and valuable and set to become much more so in 2021.
So the bull run in gold continues with a cost of production emphasis for miners.
I'm positive about the Grace JORC, I believe the previous excellent results will continue in the pending assays.
Then we have 5 additional targets each one of which could be another Penny or Grace.
And Alex has 2 more compelling targets to drill early next year.
IMO Rox is set for a stellar year.
1 million oz au JORC + Grace, page-48
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