Daicos,
They already have 180k oz from Golden Cup and Big Rush.
They've completed more drilling at Camel Creek (announced as the flag ship project) than at Big Rush that has 150k oz to date.
And the hits have been consistent (next to no NSRs), with some good to very good intercept lengths and grades.
Hard not to think that Camel Creek alone will see 250k oz by the time a JORC resource is determined imo. Not that I'm a resource geo or the like.
With the gold price off for the moment (pre Basel?), I'm accumulating again as soon as I free up funds.
As mentioned previously, at AUD 2400, even a 25,000 oz eq. per annum operation would spin off AUD 60m revenue a year.
This is a bit dated but still relevant (and remember capex here was suggested at $25-30m only)
https://finfeed.com/investor-101/emerging-australias-gold-mines-by-production-grades-and-costs-part-2/
p.s. they need to get some broker support/coverage....
Daicos,They already have 180k oz from Golden Cup and Big...
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