@growler1969 , thanks for posting the latest Grigor newsletter. Although it was better than reading the latest 20pp PowerPoint, it was missing the update on Princess Kate's abdominal surgery from a 'good friend' at a swanky Chelsea café.
To say that Theta's move is possibly correlational to a turn-around in SA jurisdictional investment confidence... is a stretch and I'd prefer a post statement like: 'said a big time investor in a swanky New York restaurant'.
I will put the new 8wks initial production and 5mths stock-piling (7mths... some consistency here WWI would be great!!!!) into the spreadsheet but it doesn't change my viewpoint of AUS EOFY, even with the author's plea... 'of finding finance takes time'. Except for of course for Besra, Westgold etc
But the purpose of this rant is Project 200, thanks for bringing it up Grigor.
Does anyone else see the lunacy of getting into debt to turn a 25yr LoM with low AISC due to hereditary infrastructure (paid for by someone else!!) into a 7-8yr LoM??
Instead of building a stockpile of cash to buy other assets, rather, it's better depleting their only asset at 3 x's the current rate??
Chairman Project 200, or DFS Project 70, is currently Project 0, push the button on mining.
WWI Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held
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(20min delay)