What real value (In your honest opinion) do you put on SGI atm though as that is what we all go by, it’s never a, it will do this or that, but more of a this is what is happening atm.
I believe the potential is certainly there, my biggest concern is grade and oz’s produced, as most sub 100k producers struggle without a big plant and higher grades to pump the ore through which reduces the AISC significantly.
Don’t get me wrong, I feel for any holder during any T/O especially one with potential that has been devalued significantly, we have all been their at one point or another, but we have also seen them rise, or in my current case I have one with huge potential but also a massive T/O target as soon as that potential is realised, very similar to SGI, except much higher grade and double the OZ’s.
I personally think CYL have a lot to offer and the reason I am here is not for Plutonic, Marymia or Henty, but our land in Vic as that will leave anything else on the playground here for dead IMHO, and in all honesty I would rather have seen them not take VAN or SGI, but dilute through CR’s to realise that.
Interested to hear your thoughts.
Pulp I’m sorry but we are having an adult conversation here and you aren’t making sense with most of what you waffle on about.
GLTAH
DYOR
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Price($) | Vol. | No. |
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