How good is that?
-$30m early cash flow out of Kal East next year. Then ongoing cash flow.
-No cost to bring online.
-This will help deal with any debt in no time.
- This brings Kal east forward by at least 1 year imo.
-That cash flow should give them the money to install their own mill at Kal East. It would become self-funding.
-All this on a tiny fraction of the gold resource. Over 1.2m oz left and open resources remain.
-The pit exposes the underground access point.
We get to have our cake and eat it.
This shows us just how profitable these assets are in this environment. Management wants to build a mid-tier miner, and this is part of how to do that.
BC8 should be $1 on both Paulsens and Kal East cash flow coming online. This is a big deal. Final funding was just made a lot easier. Gold price is going in the right direction. dyor
How good is that?-$30m early cash flow out of Kal East next...
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