I think everyone should take another look at the scoping study and specifically the sensitivity analysis released on 14th November 2023:
The sensitivity Analysis only went up to US$1,950
Never forget the Elephant in the Room !
The Elephant in the Room is actually 2 of the biggest Chinese Gold miners on planet Earth !
Ohhh Dear Lord..... Can all the ducks be lined up anymore than this ??
How does an increased Definitive agreement to reflect the increase in Gold & Silver & the Mining licencee since January's initial lowball offer sound ?
How does +25% sound , with no waiting for Royalties , because Chifeng doesn't want to wait & he's probably still got the mobile number of his old work collegues at Zijin !
$144 million aussie -----> ( probably what ZIJIN spends on toilet paper a year! )
0.72c a share Cash will do the lovegod , thank you very much...
Wowee, even thinking about all the above, that is still VERY VERY VERY CHEAP ! However , make hay whilst the sun is shinning..
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I think everyone should take another look at the scoping study...
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