AUR 0.00% 0.8¢ auris minerals limited

25 Working Days will determine RNI future, page-97

  1. BBV
    1,714 Posts.
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    Bit out of my league Squire but suspect that any direction on the matter will be welcomed by all concerned.

    RNI has approvals, infrastructure, resource and viable POG so that's the bankable stuff. It is a very near term producer if you accept Royce's word so that means cash flows come on line in months not years and that would be very very attractive to interested parties, almost critical in my view.

    Then its all about grade, grade, grade, operational efficiency (ie the GG plant doesn't implode shortly after takeoff, its not brand new you know!) and line by line cost control.

    The big unknown is what is the model for GG? Debt funded, forward sales take out, JV'd?
    And what about exploration funding? How is that likely to be structured?

    Monday promises to be of great interest.
 
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