Strange to watch that and about 90% of the way through he talks about toll treating the high grade open pit.
I had a brief look at the map and presumably he is talking about treating ore at the Casposo mill which is owned by Austral Gold and on care and maintenance since 2019 (formerly Troy Resources back before that). It’s about 150km away and a 400ktpa plant. Austral is not exactly a financial powerhouse though so not sure how a restart is being funded. Potentially some sort of tie-up of the companies to get access to the mill?
100koz in 7g/t ore could be highly profitable but still requires a decent chunk of start up capital for the mining and milling.
I like the honesty that proceeding down the normal path of PFS etc is not feasible in this market and will just lead to more dilution etc.
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