What is the revenue potential. Say 50000oz at $3600 is $180m
what is the AISC. Shallow open pit 100m ,shipped 300klm, toll treated???. Dare to guess. Lets assume $2000. So margin would be 50000 × 1600 = $80m.
lots to firm up before final investment decision including where does start up capital come from? CR, JV, Placement, debt
Anyway I like the throw at the stumps and some actual strategy to monitise an asset.
not drill baby drill on this one. Its dig baby dig
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