THIS IS NEWS TO ME.
I WONDER IF THEY PURSUE THIS OPTION?
MONUMNENT HAVE A SMALL 250 KTPA PROCESSING PLANT.
BUT THEY CAN INCREASE IT TO 750 KTPA.
I JUST RAN SOME BACK OF ENVELOPE NUMBERS BASED ON THAT THROUGHPUT.
I CAME BACK WITH 60K OZ/PA AT 90% RECOVERIES.
POTENTAIL OPERATING PROFITS OF C $90 MILLION PA AT CURRENT GOLD PRICES.
80% OF WHICH WOULD BE FOR ODY.
ANY IDEAS FOR CAPEX COST TO INCREASE TO 750KTPA?
LOOKS INCREDIBLY ATTRACTIVE TO ME.
ODY AT 17 MILLION MARKET CAP IS A BIT LAUGHABLE IMO
Ann: March 2024 Quarterly Report, page-31
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