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Morning all.@HardrushI was very lucky this time and put in for a...

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    Morning all.
    @Hardrush
    I was very lucky this time and put in for a lrge parcel and got all of them along with all those oppies with 3 years time frame.
    I couldn't help but to look at the figures and note the changes to the economics of late.
    Imho we have just begun the next up turn in the price of both Gold and Silver so get ready for further re rate.

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    The current price for gold, (this morning) is now $530 above this pfs.
    The savings in both capital and time add fuel to this becoming a producer this year.
    I have an idea about where the price of gold will be by then.
    So based on 49890 oz and an aisc of $1,833 our margin just increased to give us a net of $83,166,630We have very shallow targets that we can self fund exploration and I have great hope for further discoveries given the history and how shallow we are here.
    We could make a suggested gold price at the end of this year of $3,000 USD which will increase our numbers from 83,166,630 to $138,813,168.
    Lots of firepower to keep drilling.Imho we may have a retrace in the GP next year but what do you think will follow any retrace?
    This is a deposit that is an analogue to the Victorian HG epithermal vein hosted.
    I think that we are much more shallow than what they have so I am expecting similar upside surprise with extensions to to our inventory.
    There are no deleterious materials and the recovery is robust.
    What will the pay back period be with the increasing GP?
    Kind regards, Wack
 
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