Its not just PNG gold stocks
It costs a lot of money to put together a greenfields gold project, any where.
But 20 mil per year over two years is not really that much at all to get a project to PFS and a lot of teh work done over that time will pay for the BFS.
40 mil all up is really not huge at all for a 1.5 billion dollar project.
Same as any gold stock
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