hey matchbox,
Just my opinion, but ive always said once closer to production SIH will be in play for a takeover, once permitting is approved, DFS complete. resource upgraded, resource is proved up to a mining stage , development underway etc... makes sense once most risk is gone & all the hard work is done for a major to walk in & attempt to take SIH out, even if that is not the case with the current strong investors on board .40 - .60 is a achievable target for a producer imo
SIHAYO resource has 1.01mil oz indicated/inferred, thats just the base now, it has the potential to grow to around 1.5 - 2mil oz over time with more drilling imo.
Thats just SIHAYO targets, we have numerous high potential targets outside sihayo that can become a 2nd or even 3rd mine over time if the right hits are achieved of course, we havent even scratched the surface with drilling, first half of the year was about infil & bringing confidence to the current 1.01mil oz resource, that was achieved, now its about, getting into production, drilling outside the resource & adding ounces to the 1.01mil oz resource & testing many major new targets that could become another mine for SIH.
Exciting times ahead
dyor..
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