i don't believe so. the annual production is a factor of the grade and the throughput. the throughput is limited by the capacity of the proposed set up. hence any additional indicated ounces will only extend the mine life of Korbel. there will still be an increase to NPV, but not huge.
A lift in grade at Cathedral would have a significant factor and that's why RPM moving to indicated should see the share price have a decent re-rate
Ann: RPM Continues to Deliver High Grade Gold as Footprint Grows, page-127
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20.5¢ |
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Mkt cap ! $55.99M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 20.5¢ | $59.65K | 284.5K |
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| No. | Vol. | Price($) |
|---|---|---|
| 5 | 77361 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 49996 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| NVA (ASX) Chart |