SolGold provides a really good yard stick for STM if they can start adding tonnes. SolGold sits at $1 bill MC with Newcrest and BHP holding significant amount of stock. according to STM's last investor presentation, the Alpala's main orebody starts ~500m be slow surface. This also means large upfront development costs, and and increased All In Sustaining Costs (AISC)in mining phase compared to STM, assuming similar grades.
Ann: High grade gold and silver at Limon, Bramaderos, page-64
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