GRY 0.00% 20.5¢ gryphon minerals limited

cash is king and 20 mil will help sp, page-15

  1. 3,249 Posts.
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    I am starting to think that something out of left field may happen with funding arrangements for development rather than traditional debt and equity combo. Something that does not involve major dilution. All will be forgiven GRY Board if you pull it off!!! Then again maybe I'm just hoping.

    I reckon if GRY gets this show on the road either alone, partnered or taken out, the current Banfora BFS metrics is a good position to start from as a new producer. With significant potential upside from future Banfora resource upgrades and exploration to extend mine life considerably, this should be just the start of a bright future for GRY. Did you notice the pit shell outlines in the BFS? There are plenty of significant juicy grade blocks of gold next to or just below the current open pit shell parameters. In time these ounces will be mined by either open pit cut back or 'shallow' underground scenarios.

 
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Currently unlisted public company.

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