I'm glad you brought up the point of production cost's.
Thats my main problem with RDR. After you pay the C1 costs, and defray capital on stratup. There precious little left. Then you have to look to phase two.
I'm sure it was why the banks demanded the equity that caused the diution.
Still for those who like that kind of levlerage to gold price which ended up the case at NAV good luck.
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