Every $100 move in the gold price changes the operating cashflow after all capital and tax by - $16m. Worth noting that the gold price is currently $150 or some $24m above the study numbers already at Paulsens alone. They will also mine other areas in addition to the mine plain. That means even more money. I take that as short hand for Paulsens will exceed the study numbers by some margin.
They continue to do ground work on all projects.

Note

Resource Upside Opportunities and Exploration Target On 13 November 2024, Black Cat outlined a near-mine Exploration Target of 250-500 koz @ 7-12g/t Au and a regional Exploration Target of 1-2 Moz @ 5-10gt Au. The near-mine Exploration Target included the exposed high-grade veins in the Footwall **bro Zone, the recently discovered upper Footwall **bro Zone, and the Main Zone Extension.

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