The Resource Rising Stars presentation was OK .
-The company reiterated the completion deadline for the PFS as June 2024.
- The annual production target is now stated as 90-100k ounces per annum.
- The focus now seems to be on developing a high grade/low cost project.
Based on company presentations post the Paddy’s Lode high grade hit, I was given the impression that more ounces would make it into their production forecast? However, 100k ounces pa at an AISC margin of $1,500 per ounce is pretty good going. If the capex remains lowish then Youanmi will be more than bankable.
As long as the company marches towards a good, on time PFS release, in mid 2024, the company valuation should be able to head towards 30% + of NPV.
The Resource Rising Stars presentation was OK .-The company...
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Last
27.5¢ |
Change
-0.020(6.78%) |
Mkt cap ! $201.4M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 29.5¢ | 27.0¢ | $693.6K | 2.501M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 301805 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 5000 | 1 |
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| Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
| RXL (ASX) Chart |