So you are saying that the convergent PFS is the be all and end...

So you are saying that the convergent PFS is the be all and end all?

The historic PFS at capital cost of $23 M in 2017 to deliver 43 k Oz at estimate AISC $1188 Oz

assumptions
grade 5.5 g t
300 000 t pa through
94% recovery
$1400 AUS Gold price

In fact KDR re worked a 2014 PFS to achieve the above
PFS

BUT

Spotty I am not talking about BLUE VEIN only, which is what this PFS refers to and I'm not talking about capital investment in plant

Do you really think KDR would be looking at starting their own Gold mine?

No, they will be looking at the whole Mt Holland gold project which has a resource of some 1.15 M Oz including about 400k Oz measured and how best to convert that to revenue

To what extent it involves their own capital who knows but my
are that they would be attempting to minimise KDR capital risk and accordingly that comes at a price

we'll see what the future holds I'm just throwing ideas around

Ezi