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1.1¢ greenstone resources limited

Ann: High-Grade Intercepts Extends Potential at Burbanks, page-40

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sandfire

2,454 Posts.

412

08/11/23

09:24

Post #: 70778284
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Originally posted by Lowkeyinvestor ↑

Thanks for your insight.

If management did mine Burbanks North we wont get money to fill the bank account before we need another dilutive cap raise unless the MT scoping study pushes the SP up and we dilute less.

Money from a buy-in would help in Mt case to provide working capital.

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I agree another cr cannot be far away. The milling timeline for Burbanks Nth is a guide only, being oxide ore the milling through put could be higher. Also if Burbanks Nth was milled at another plant I assume GSR would need to revisit mining/milling costs.
We should see the SS within the next three weeks, I hope the numbers are good, but I doubt it.AIMO.

GSR Price at posting: 0.7¢ Sentiment: None Disclosure: Held
4 Upvote

0 Great analysis

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