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0.4¢ antilles gold limited

Ann: Antilles Gold Outlines Proposed Exploration Program in Cuba, page-20

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2,205 Posts.

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27/08/22

03:00

Post #: 63355890
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Originally posted by WLJ: ↑

I don't think the DFS from a numbers point of view is going to tell us anything too different to the scoping study, except for as you say the increased resources - to at least 8 years worth (perhaps more from final drilling), but we already know that too.

However, the SP has never held any positive reflection of the scoping study. Maybe that reflection is only going to come once offtake/finance are in place, which should be part of the DFS (or come beforehand). So from that perspective, I think the DFS can have a positive impact on the SP. Not because it is going to blow our socks off with anything unexpected, but because lining up offtake/finance should be the certainty that many are waiting for that this project is actually going to happen, ... and the AAU long term 'La Dem cash cow funding other projects' vision will play out...

Just my Opinion

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AAU Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
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