Very much as expected. More testing required. Potential for upside. Metallurgical recovery of 40t sample? Environmental licenses expected to be easily obtained. Project is economic. A lot more work is required to get this started. First Quarter of next year would be a viable target. Overall positive but low on details. It's good to see the due diligence is being done.
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- npv of 54-61 million & irr of 154-462%
npv of 54-61 million & irr of 154-462%, page-13
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