that’s a correct assumption but if the production figures are good they’ll release them. Chifeng sits in the board and will be privy to these.
I think tie have crossed the rubicon so to speak. Anything over 15000 ounces and shareholders are home n hosed, then the real buyer steps up.
Biggest risk is price of gold. ASIC will be high for the first half of 24 as tie pulls all stops to mine a shitload of ore to stockpile for the wet season, by then, no debt, the heap leach will be secured (as far as contracts let) and this baby is valued at $1-$1.35. Someone will step in with a low ball offer before then.
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Ann: Record Monthly Production at Abujar Gold Project, page-48
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