Some notes from Zeff's video presentation:
- The gold price in the MRE was not used for any economics of a potential mine. Implementing US$1600 gold price in their modelling would still yield about 0.5m ounces but at a higher grade.
- Very early estimate of all-in cost per ounce of sub US$1000 - below averages
- Outstanding assays (60 odd in the lab), some of which expected to be back next week - 20,000 additional metres drilled by Sep/Oct.
- A resource upgrade is expected to be provided within the year
- Scoping study to come this year, feasibility next.
"Plenty of holes to drill, plenty of news to come"
Ann: Retraction and Replacement Presentation, page-3
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