Oh yeah! Someone will make some money, not us but. Offer only a quarter of the US$342M.
"A Definitive Feasibility Study (DFS) was completed in December 2019 and updated in July 2020, which confirmed the Project’s economic viability and robustness. The capital cost of construction totals US$91M and returns an NPV8% of US$342M
These studies demonstrate the low risk and low cost nature of the planned Stage 1 which aims to produce 730,000ounces of gold at an AISC of US$713/oz which will place it in the lowest cost quartile of producing mines."
BRV Price at posting:
34.5¢ Sentiment: Hold Disclosure: Held
