Might be best to temper expectations a little?
I am hoping to see a 200-250,000oz increase –around a 50% increase.
If we get that then we should see at least a 50% increase in valuation in the scoping study upgrade which would push estimated cashflow up to around $375mill.
It would be obvious to most that any jorc and cash flow estimates would likely be revised higher again after this year’s exploration season and then next years and cash flow estimates should take another big step forward with any underground studies.
It is highly likely that the resource below 100ms (current pit limit and basis of current cash flow estimates) will contain multiples of the ounces up to 100ms deep.
We should continue to add to resources even as we deplete through mining.
If your right and we get 1 mill oz on this upgrade, the sp should move into double figures fairly rapidly.
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