Nothing will happen with SP until highlighted points below occur...
A revised MRE and mine schedule for the first stage of Nueva Sabana are expected to be completed within 3 to 4 weeks, after which the financial model will be updated, and the focus will shift to negotiating an off-take agreement for the gold, and copper-gold concentrates that will be produced, and construction funding.
• Subject to finalising an acceptable financing Term Sheet in October/November, construction of the mine will commence in December 2024 with commissioning expected 12 months later.
Until they actually happen - not just get talked about - not much point talking on this forum!
AAU Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
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(20min delay)