Ann: Maiden Resource to underpin Nullagine Restart, page-20

Who is Bob? I agree labor costs have gone up but this is more than offset by the strong Gold price and by the planned restart in early 2025 CY, IMO gold will be a lot higher.
What is the real killer for gold miners now is building a new processing plant which have more than double in cost in the last few years with inflation and also the lengthy time it takes to get it built and to get the approvals.
CAI is in enviable position of getting a processing plant basically for free which is in good condition and was only recently placed on care and maintenance in August 2022.
Potential for further discoveries at Nullagine are pretty good with 65km of strike-length of the highly prospective Mosquito Creek Basin, which adjoins the Company’s Blue Spec and Felix projects.
The last Gold bull run from 2001 to 2011 the price gold appreciated 3.5 times, hopefully we will see another such run which will be very positive for gold producers, particularly if you have 2 processing plants.