correct me if I’m wrong, that estimates was only for existing Chatree area 7.6kmx2.5km, right? At present our additional 44spls size is 397k rai which is around 635 Square Km. Whole area is inside the gold belt which means we will have gold more or less.
My blindsided estimates:
1. New area will add additional 10m+ ounce of gold (understandable, requires time +money)
2. production capacity will increase to 300k+ ounce (I know they have to invest more to reach that capacity)
To me existing estimates is dog food compare to what is waiting for us.
If anyone thinks my estimates is crazy, no. 1 & 2 isn’t possible (put your reason for your calculations) then I will dump my holdings because I didn’t waste my time and money for dog food.
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