Alex isn't waiting for a stage to be completed and then saying 'now we need a PFS'. He is already working on components of the PFS and the FS. Gold recovery in hand (cf DEG only just completed there's), metallurgic issues and solutions complete, technical problems actively engaged. Finance is waiting, there is a queue of investors.The focus is not going to be the whole mine with Younami Deep high grade portal etc and its technical/ metallurgic challenges. It is Grace only because Alex wants the near term cash flow quickly.
Grace JORC to be finalised by September this year.
Grace PFS with zero community or geographic or environmental/ green obstacles, no permit challenges. Good old WA best place to mine in the world.Grace PFS complete Dec this year or soon afterwards
FS completed by June 2021
Commissioning a prefabricated modular mine before the end of next year.
All too fast? Give Alex a call and discuss.
Ann: Youanmi (Grace) Shallow Drilling Delivers More High Grades, page-552
Add RXL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $59.02M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.0¢ | $22.17K | 153.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 279788 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 173670 | 4 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
14.5¢ |
Change
0.000 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 14.5¢ | 14.5¢ | 14.0¢ | 99394 | ||
| Last updated 15.57pm 14/06/2024 ? | |||||
| RXL (ASX) Chart |