Conceptual open pit toll treatment, gold treatment for 25,000 per annum. Assume capex / opex at AUD 2,000 per ounce, allows free cash flow of $15,000,000 per annum / $3,750,000 per quarter. SPQ resource assets IMHO are very undervalued. Good luck to all longs.
Ann: Visual copper intersected over 933.6m Bottletree Hole 5, page-190
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