I need to stress that this DFS is only done on less than 30% on MSR's JORC resource. Shambesai itself is 750koz++ and the rest is within 4km drive.
This means that future oxide/sulphide discoveries in the area will be significant for MSR to extend mine-life. Drilling for this will resume after community consultations are done.
As such this is truly flying under the radar. Just look at that.. after a whole day only 6 reads on the DFS. i clicked on it twice....
1200$ margin for gold. Im ok if they hedge all the gold at 1600$ right now for the LOM.
PRU, Macq Bank, Asian Lion all participated in the underwriting at 20c. Am i missing something?
dfs released, page-16
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