For me it's simple this PR is adjacent to MR but it overlaps the Qala resource, which means real $'s in the not to distant future.
No real increase in costs for new box-cut shaft etc or significant change in the engineering or production just keep bringing out more gold as you follow the stopes along.
Where will the new DFS figure sit for Qala??
An increase in the Qala Gold production from 924 kOz's up to 125% to 1.15 mOz's or up to 150% to 1.39 mOz's or up to 175% to 1.62 mOz's. Probably a extension to LoM and years of steady-state production, not to mention will steady-state increase to 80 kOz's, 90 kOz's or 100 kOz's???? DYOR
Once Bank Funding is secured this ship will rocket up, all previous price targets are off, I have to update my model for an increase in Gold production.
This is massive!
WWI Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
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