Yes CR imminent, the company is just about out of money and drilling is expensive.
Only an insto CR is possible given the low SP so cash will come in at the cost of share dilution.
But they must have cash.
TO could be on the cards as well because the market cap looks small for the au results.
The shallowness and therefore low AISC of the gold is rare and impressive.
AISC of less than $1000 oz au so profit of $1600 oz au.
$40m for a mill?
Wouldn't they send it to a toll mill and get a quick cash return to fund the drilling that is needed, perhaps 5,000m AC?
Does anyone know where the nearest toll. mill is located?
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