A shorter term prediction based on following assumptions:
- Assays released every 2 weeks
- every batch adds 50,000 oz after hole 51 is released
- drilling ends in March 2021
- cap raise with 20% dilution happens early Feb
- Ev/oz at 200 to calculate MC then SP
FM3
firstmac mortgage funding trust no. 4 series 1-2020
Ann: General Security Agreement, page-73
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