Hi @Antipater_100Just wondering how much they could 'high grade'...

Hi @Antipater_100
Just wondering how much they could 'high grade' the ore going into the plant? Closer to 0.7g/t? (equivalent).

I think it's a great announcement, but then... I already through Boda/Kai was great.
What gets me excited is the sheer size of the opportunity to further grow the whole asset (irrespective of any other discoveries).



Such an interesting conundrum to have, with ALK likely able to keep drilling and... potential increase the size of the asset substantially, for very little $$ compared to most explorers. The obvious issue is that the market won't ascribe any real value to Boda/Kai until someone is willing to pay up or J/V yet.... to do so too early, removes much of the longer term upside.

Whilst I know you can run the numbers far better than me, in my mind, I am still thinking over the longer term, a 20mtpa plant will enable a production rate north of 300k p.a (equivalent) for 20+ years, with the only real constraint being throughput. I am excluding the U/G just for simplicity at this point (though that would of course add further upside to grade), as further drilling will, (nothing is guaranteed) add more ounces and convert more into Indicated etc.

Looking forward to the scoping study, though ironically, in the near term, I think Tomingley is going to be more of a driver of the share price if Roswell performs as hoped.