BC8 4.29% 33.5¢ black cat syndicate limited

Ann: Myhree continues to grow with 7.7m @ 21.38 g/t Au, page-32

  1. 291 Posts.
    lightbulb Created with Sketch. 10
    we all seem to be in agreament that 300.000oz is the minimum resource we can expect on the next upgrade without any further hits (likely to be many more from currents assays and further drilling in the pipeline),however,using gonnfishings previous budget figures.
    It is more realistict I feel to budget for 50000oz per year and a free cash flow of $33.000.000 from year 2 using a total capex of $12.000.000 which includes total costs for year one and two.
    any thoughts
 
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