A key question in resource investing is how to monetise the minerals in the resource base. A plant can cost hundreds of millions and take 2+ years to construct.
The kicker in the EAR development path is the Bronzewing plant which will require around $12 million to restore and take around 6+ months to bring to operation.
Looks like a gold loan of 10,000 ounces could now be supported by the resource base.
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