Mine of management? Is that those kids who know everything about mining? I seem to recall a piece on bc8 (mill almost ready to go, high grade, similar mc as ausgold - explain that one) by them. They said they doubted they could get the grades they are expecting. I thought they had no clue - if it's the same guys. But some seem to think they know more than tthe experts. Do they make their money from social media views or mining?
Grade is king i agree. But katanning isnt in the middle of nowhere. Its a shallow deposit. Plenty of infrastructure in place. Supportive community. Much easier to get the numbers right.
Gold price is $1000 more now an ounce than what pfs was based on.....
Risk wise its a no brainer for me.
Ann: Proposed Consolidation of Capital, page-258
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