Yes I have no doubt that is the plan...get the money coming in through production and spend that on upgrades to the plant.
All the resources are close by in areas that already have mining leases, as I understand it, so the pathway to development is far quicker with this goldy than most, by far!
Underground mining will increase the grade as well so probably offset the cost to mine.
Also like the suggested debt funding so limited dilution if any.
What else could be there to improve the economics of this??
Ann: Positive Theta Hill Open-Cut Gold Mine Scoping Study, page-15
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