Senegal is completely different to Burkina Faso from a sovereign...

Senegal is completely different to Burkina Faso from a sovereign risk perspective. but lots of mines have been put into production in BF (ie. WAF)

that said..comparing the indicated resources:

SRR has ~582,000 ounces @1.9 g/t (2M+ ounces infrerred)
CHs has ~625,000 ounces @1.9 g/t (1.5M+ ounces inferred)

CHZ capex is also US$142M, SRR's CAPEX should be a fraction of that amount

as you said, CHZ's values them at $90M. Where capped at roughly $15M

so go figure?

we're nearly at the stage of them tbh. the PEA is more advanced then a scoping study which you can do internally. the PEA requires external consultants

I think our PEA will show a cheaper CAPEX, similar margins and payback period to them. the fact that we have a cheaper CAPEX should add a lot of value, which is why I took a punt after the last capital injection.

like I've been saying, and you just said it, SRR need to grow there indicated resource to be taken more seriously by the market. that requires doing a bigger raising and drilling. hopefully that happens after the PEA is out and at a higher share price

anyway. my thoughts don't mean anything obviously to you since I've been critical of management and just bought in