Completion of strategic and no fatal flaws review confirming
Deflector Project on target to production
Strategic finance facility with world class bank Credit Swiss confirming
credibility of company and team. Benefits provided by the facility
include:
$11m draw down
8
50,000 ounce gold hedge
Less shareholder dilution
Reducing the company’s exposure to gold price risk and lowering break even point
to an unbelievable low of $800 per ounce Au compared to gold price of $1700 per ounce.
$800? I thought it was lower.
presentation out, page-4
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79.0¢ |
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Mkt cap ! $72.26M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 5000 | 77.0¢ |
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