Tietto will deliver an update on Abujar’s LOM production plan later this month using theupdated Mineral Resource Estimate, increased mill throughput and higher gold prices (spotprice is +20% greater than US$1407/oz used in the DFS 1), targeting a material increase toexisting LOM production. Tietto has expanded this to incorporate a scoping study todetermine the economic benefits of a heap leach operation at APG running in parallel to theAbujar CIL operation.
TIE Price at posting:
61.0¢ Sentiment: Buy Disclosure: Held