Good comments, in the statement they say they will need "10 - 15 Million to achieve range of outcomes" however to get the gold out of the ground and process it etc it will cost 211,884.230 according to the table in the Key Study Outcomes and Assumptions section which will deliver a profit of 69,695,659 based on producing 80koz. I realise they talk about funding but how can they come up with this sort of money ?? They will need a strong JV partner whose cost of funding is realistic.
NXM Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held
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