About $14 per ounce based on $15M debt @ 11% interest ($1.65M). Divide saved interest of $1.65M into 120,000 oz and you get approx $14.I could be wrong.More importantly, it improves balance sheet and allows for further exploration.
SER How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign
CC9 Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings