that will be in the PFS and is key to everything. I suspect they have gone conservative on the resource/pit design so to minimise the cost per g/t and keep profitability higher. This will help them secure funding post PFS to go mining.
570,000 ounces indicated is nothing to sneeze at. $1.4 billion of gold at $2600 price and very conservative $4 - 500 million in EBITDA if my math is correct.
Ann: Initial High-Grade Oxide Mineral Resource at St Anne's, page-15
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MEK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.1¢ |
Change
-0.003(5.56%) |
Mkt cap ! $62.97M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.4¢ | 5.1¢ | $337.3K | 6.479M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1589231 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 185700 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| MEK (ASX) Chart |