It's a great result and like they have been saying they want to keep the mill turning at Mako. It is planned to be in production in 2027 which is around the time that they will have processed the ore from the main deposit.
I would imagine they will sure this one up and go on to increase the overall reserves as its highly likely other sites not only at Bantaco contain plenty of gold! Tombo might take a little longer to bring online but it makes sense to bring this online first as there are many less moving parts in the process (and it would be cheaper)
The SP dropping means nothing ( apart from us being a little poorer for a few days). Clearly some games being played here.
Will be interesting to hear how the plans for the new acquisitions are coming along as they will provide growth to the company.
Looking forward to the quarterly , im getting used to a few surprises here but looks like some good progress made towards expansion.
GLTAH
RSG Price at posting:
66.0¢ Sentiment: Buy Disclosure: Held
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