Another compelling presentation. Note the emphasis on the size...

Another compelling presentation. Note the emphasis on the size and quality of the resource, with future increases of resources and reserves likely ensuring a multi-decade KOTH plant life. Controlled processing energy costs will ensure KOTH remains the regional lowest cost processor.
The commissioning continues, as RED fine tunes optimal processing volume and composition, and the progress of this will be reported in the upcoming September quarterly, but I don't expect that will be the final word - so the December quarterly may be the one that declares full commissioning.
Gold miners have opened lower as expected:
RED -5.2%, SLR -6.5%, RMS -4.14% (down below 70c from 2020 high 254c), CMM -4.5%, WAF -6.5%, NCM -3.6% BGL -3.6% PNR -4.5%
When will this gold bear market end .... not soon it would appear. There's going to be a great shakeout as credit squeeze tightens.
RED cannot engage a share "buy back" or cash based M&A till it's cleared its debt - hence the need to embed profitable production.

Currently a lot of market depth support at 23c & > 20c - only a gold Fukushima equivalent event will change the low "buy" risk at these SP's.