However, it is a very rough estimate and will need to be refined once permits are granted and the full business model (BFS, financing, mine plan, et al) is promulgated.
I don't believe the required CAPEX is likely to be very high given the scope of the project but there must be either debt or equity raising (or both) to get to production. Even so, there looks to be some useful upside to come (IMHO) if permits are granted and that 5 tonnes of gold can be extracted at current gold prices. CPDLC
SGZ Price at posting:
6.6¢ Sentiment: Buy Disclosure: Held
