Excellent result considering they are not even allowing for underground mining in calculating the NPV.
That will almost certainly be mined to increase NPV.
Cash costs a little higher than I thought but still very low and nicely offset by much lower cap costs.
Much less need for any dilution.
Cash on hand plus a small amount of debt should do after allowing for this years exploration expenditure.
Very happy with the scoping study outcome. Large upside to get to NPV and any ounces added give us more upside, and we should add plenty of ounces.
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