what are you talking about?
have you read the BFS?
It is economical & commercial with NPV in hundreds millions at lower gold price
low grades
but OPEX is among the lowest of known goldies
the big unknown here is the country risk
If this deposit was in Aus, funding would be a matter of time
yes a small punt from us
but have you asked the majors operating in Bolivia the same question about forking out 10-100 times of 140m capital investment?
the NPV & EV/oz means current 20m MC is a bargain
but without the right management & no funding, the project is just a pile of dirt sitting in ground
big risk, so is the reward
big reward, so is the risk
every investor has their own risk/reward acceptance level so does the bankers.
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