so bankers only want to finance projects that are high grade and shallow depth, so even if a company, discovers 10 million ounces at 0.5g per tonne but its 3 km deep, no one would finance it? if even it were to make billions in profit.
maybe i should set up by own bank, bankers are silly, they just want to finance projects that have 0 risk, which is ridiculous, you gotta take some risk to make big money, if a company can demonstrate and prove they can get gold out even if it low grade and the gold price is high and they can make millions out of it, even if it low grade and deeper than liked, yet they can still sell it for a big profit, why wouldnt the banks finance this?
like i said maybe i should start by own bank and finance many of these "risky" projects that the bank dont wanna touch because they consider them high risk, even though once mined the gold would sell for millions and everyone would still make a killer profit.
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