Ann: Apollo Hill Gold Resource Upgraded to 1.47Moz, page-25

Hey @nordesmic, cheers for the reply.
Your estimates make sense and seem reasonable. 1.1m ounces in nothing to be scoffed at of course. I have some bias in regards to North American projects (in the sense that most of the time, I am unimpressed with how they stack up, but.... the realisty is they by and large, do get funded in many casese, which I assume, is because there are so few real discoveries of note anymore... all that is left is low grade, but bulk projects).
I know that there are some positives for the project, hence, my continued interest.
Your logic regarding GMD is sound, though... I just struggle to see why GMD would not just work with what they have. Grades are better, U/G is near what I assume would be open pits, though I take it you view them as not having the sort of base load that STN can provide?

Would KINs assets work just as well as STNs for GMD?
Many times I view a stock as having little catalysts ahead, yet, GMD proved me wrong, so did AUC. So I have/need to really change my thinking.

Your calls are right too often for me to really argue with you!

@4leedy - appreciate the measured reply
Some prefer to use HC for positive reinforcement, so... I do some detractors.
I continue to be puzzled by the lack of heap leach operations in W.A. There must be something that really reduces their viability, but I have not been able to garner just what.... as low capex, low returns, are not a bad thing, when a project may otherwise never get into production.

Good luck to holders.