So, If was running the shop I'd raise and disregard the chip-counters. The only thing in the way of 4g/t open pit processing is CAPEX budget. Better to get it from you & I because MacBank will screw them with hedging otherwise. Andy Well is a no-brainer, its oxide and at worst free-milling with a lot of gravity recovery - its the second richest open pit in the world. You can read that the only reason Doray didn't develop it is because Mr Junk had to concentrate on Deflector. This one is a true 'gold mine'. Go small, go fast and expand when you find more, which is why I support the Team's strategy - it's disciplined. The US$ gold price can only rise in a forecast of rising real 10Yr US yields. Meanwhile, note the the CFO - get a 90 t/hr secondary crusher budget item & lead-time on your slides pls.
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Mkt cap ! $71.61M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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1 | 70000 | 0.057 |
5 | 514804 | 0.056 |
4 | 195000 | 0.055 |
4 | 565000 | 0.054 |
3 | 331984 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 110162 | 1 |
0.058 | 30000 | 1 |
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