silver just cracked 26. PFS was 24. That should add 100mill US or so to the NPV according to one of the investor decks. PC alluded to some inflation related cost blow outs.
my guess is a slight increase on PFS. But the good news will clearly be the IRR improvement which will help debt funding and minimise any equity dilution. As a ‘smaller shareholder’, I hope PC includes us in any equity raise. (Well he’ll sand fire get anti dilution rights so why shouldn’t I).
I would also think that the equity raise will contribute to releasing the handbrake a little more.
Well done to all holders.
DYOR IMHO etc.
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