https://youtu.be/avI79kZd-dQ?si=5v_kmWWbbeeDZcf6Note: project...

https://youtu.be/avI79kZd-dQ?si=5v_kmWWbbeeDZcf6
Note: project finance is going to cost a lot more - so much so, that many projects are DOA.
Note also, the effect of the weakening A$ will exacerbate equipment costs like "new mills" - this is why KOTH will not get a second crusher unless it has assured additional long term quality ore supply that would come from M&A - maximising what you have makes more sense than ever.

They also give Genesis a quick mention .... "hit the ground running, but it will take more than a year .... "
"standards at Gwalia had slipped under SBM ... " ... "difficult ore body to mine safely and efficiently .... " Oh really ??
" won't be able to judge till get detail on costs .... SBM AISC in FY'23 was A$2560/oz so anything will be an improvement dare I say.
Macquarie have confirmed GMD a BUY and a SP target of 190c .... well good luck with that.
" accumulated extra surface ore which now stands at 43,000 t " and what would the grade be and where will it be profitably processed ??

Also note the screen shot from a recent Dacian release (which was a copy from a GMD report) that is discussed ... can you spot the diamond in all this rough" ??? hint ... its close to Gwalia, Tower Hill and Harbour Lights. Is Dacian a Greek word for dog ??

Finally the boys talk "nickel" ... what a disaster for Aussie miners and their "loyal shareholders" .... reminder ...." the commodity leads " - where it goes, the market will follow ... if the POG continues to deteriorate, miner values will suffer eventually ... possible but not probable IMHO.
In the last 10yrs, Indonesia has gone from supplying 2% of the worlds nickel to 45% ... so much for ESG.

https://youtu.be/avI79kZd-dQ?si=uDoXCZGVGs2vBkDc