The updated Mineral Resource Estimate (MRE) aligns with our expectations and is an outstanding result. Notably, it does not yet account for the recent discoveries at Begnopan, Baffia, the Niamienlessa Trend, and the Herman Trend and approx. 10,000 metres of drilling results are still pending where drilling has already been completed. Additionally, there are several untested anomalies and significant opportunities for resource expansion through further extension and infill drilling. I am extremely pleased with this progress.
Looking ahead, the next MRE update is anticipated by December 2025, with a strong potential to reach the range of 5-6 million ounces. A Pre-Feasibility Study (PFS) will follow in the first half of 2026, continuing the growth story.
Looks totally amazing to me especially since we have top management here (which is the key really). Are there any significant downside risks that I may not have perceived?
TCG Price at posting:
42.0¢ Sentiment: Buy Disclosure: Held
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