GML 7.69% 2.8¢ gateway mining limited

Ann: Issue of Options Under ESOP and Appendix 3G, page-9

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  1. 3,109 Posts.
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    For a WA mine to even consider going to production - you need to be looking at 10 year plus Life of mine with north of 1m oz at a reasonable grade. AIMO

    Do not misunderstand me I do think we have every chance of getting there but even if that happens "quickly " that would be a 3-5 year journey.

    I plan on following the journey but IT is imperative to understand that journey.

    In very very broad terms the steps are something like

    1/Get land
    2/Drill Land
    3/Good Result??
    4/Credit Raise.

    Repeat steps 2-4 alot!!!

    5/ Get enough understanding of the land to make JORC compliant Maiden Reserve
    6/ Take over? Mine?
    7/ Get Funding for Mine
    8/ Construct Mine
    9/Production

    GLA
    Last edited by Infidel75: 23/06/20
 
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