@gdavs - To ask HC fans about future production, future pricing/sales, future costs, future capex, future exploration areas might be putting your head in a spin and every else's.
So instead of spacing us all out by seeking response based on a plethora of variables, what about considering just the current scenario (in the DFS).
I'm very content ( but my mouth is drooling!) knowing that Andy Well output will perform better than 505,000 oz - with the additional planned drilling.
- just take take a look at how rich the returns shall be from the DFS excerpt from page 18:-
( I've highlighted a section that will keep us very happy in just the first 24 months)
*** I'm confident that MEK will double the Andy Well resource.
And I don't care if the grade of this second 505k oz might even be finalised at a lower grade.
If first gold is announced within the next 40 days, MEK is going to shine brighter than all the rest.
***Consider also the previous history of Andy Well & associated tenements - which can be found at :
https://www.********.com.au/asxdata/20201221/pdf/02324799.pdf
- Additional targets are identified, with some occasinal assays It's possible that there might be even yet another 505,000 oz on the remainder of the tenements - but I don't care - this phase is too far in the future for me - especially when one considering the 5 variables in the first line of this post.
P.S - I'm overweight in MEK ( & and in gold).
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No. | Vol. | Price($) |
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14 | 576771 | 0.180 |
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