Was just having another look over the scoping study released in August 2022.
During that study the calculations, which looked very favourable at the time were based on a pre-tax gold price of A$2430.
The fact that gold has gone up approximately $1000 per ounce since then, along with what will hopefully be a substantial increase in our estimated reserves should set up the upcoming revised scoping study to be an absolute doozy.
The previous scoping study was based on 170k ounces per annum for the first 5 years. I wonder whether slightly increasing this initial annual output will also be part of the revised plan.
There is a lot to look forward to over the next 6 months and beyond!
Was just having another look over the scoping study released in...
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