Well, at the very least, if I were on the board I would be discussing the alternatives. What would a trial mine look like? What tonnes, what ounces, at what cost? How soon? What capex (including working capital)? What payback? What risks?
On the other hand, what other targets do we have? How good do they look? Why do we think that they might be prospective? How much would we have to outlay to test those targets? Is there a quick and dirty way to put just one or two RC holes into ten prospects?
Can we do both? How much funding do we have? How are we going to finance the trial mine? What is the best way to add value to the market cap?
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- great link reiner and comments always chuk...
Well, at the very least, if I were on the board I would be...
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