First of all.
Drumroll please.
769,662,710 SOI @ $1.30 = Mkt Cap of $1,000 B+ as shown on HC today.
Eridanus looking good and going to get better imo.
Ore Reserves.
Now. 5,200,000 t @1.2g/t = 194,000 oz.
Previous 3,100,000 @ 1.1g/t = 110,000 oz.
"Reported mining production to date is 1,776,862t @ 1.29 g/t for 73,587 oz.
Reconciliation against original Ore Reserve model shows a positive reconciliation in the order of +21% tonnes + 15% grade + 39% ounces.
Eridanus reconciled Mill production to the end of Mar 2020 was 728,404 t @ 1.78% for 41,573 oz milled (39412 oz recovered)". = 94.8% recovery.
Still out performing model in "grade" significantly.
Re hedging in quarterly ... more spin and will post my thoughts on this later.
Jim.
First of all. Drumroll please. 769,662,710 SOI @ $1.30 = Mkt Cap...
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