RAS is the only part that is currently commercial to mine.
Gold in ground $100 oz
1.3m indicated. 130m
2.2 indicated and inferred for a bullish case. $220m
Market cap now $187m.
Funding is going to be an issue some time in the next 6 months and Regal knows it and still has stock from the last issue.
Was always going to be an issue IMO
Ann: 1.3m ounces upgraded to Indicated category from RAS drilling, page-11
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