back in the real world - GP keeps rocketing higher and higher.....

back in the real world -
GP keeps rocketing higher and higher..
Now a whopping $4,895 per oz aud

4,894.59
+56.08
+1.16%
up 42% in 1 year alone and 2% in 2 days

Perfect timing for HRZ and its gold production but now with those POS Mills and mines in near new condition it can mass produce at a cheap capex and doesnt need to spend $500M on new MILLS unlike IGO MCR SBM NST and others had to.
HRZ now has a $500M MILL sitting there ready to mass produce at a cheap start up cost at large margins.

The POS BS MILL at 2.2MTpa is larger than Kanowna Belle MILL of NST of only 1.88MTpa earning $820Mpa. HRZ can outproduce Kanowna Belle !
Thats $1.3B in revenues at capacity.

NST MIN BMM AFAF LIT PAN must be livid at not getting these POS assets mills, mines & staff camps dirt cheap themselves.
The MIN deal for LJ project of a pathetic $15M fell through and their MC collapsed $20B since then which they had touted as a regional Lithium production HUB. Lucky us.

As the GP escalates, the project values and margins escalate accordingly but not the SP as yet.
With those POS mass production assets that cost $3B to build by Lionore, WMC & Norilsk, soon the reckoning comes and the rerate must follow surely.

A sniff of revenue/production from these mass production assets will inspire the animal spirits imho.