Very excited for the EP drill results.
Its worth not losing sight of the fact that from recent company announcements even without the EP porphyry deposit we have the following development opportunities all for an MC of $20M.
El Pilar gold copper oxide deposit (ASX announcement 5 July 22):
the exploration target for the EP gold copper oxide deposit was:
From the same ASX announcement the forecast development cost was between $25-30M USD.
Antonio VMS (ASX announcement 23 June 22)
Antonio inferred in ground resource.
From the same ASX announcement the forecast development cost for Stage 1 at Antonio (not defined what Stage 1 is )was between $25-30M USD.
La Demajagua open pit mine (June Quarterly report)
DFS to be updated based on 25% increased resource but initial Scoping Study Results are:
Projects not yet defined:
- La Demajagua underground mine
- Another significant and highly prospective VMS polymetallic mineral belt in SE Cuba expected to be added to the agreement soon (ASX announcement 24 August 22).
So even without the EP porphyry deposit the future is rosy. With it, well WOW!!
Key for me is getting LD up and running then the other mines should fall out nicely.
I find it very hard to stop buying when I look at this.
Just my thoughts and not financial advise.
Cheers
Very excited for the EP drill results. Its worth not losing...
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