Reasons for capital raising to Fund Project Development, page-5

Hi Vitriol,
"They mention they are building a reserve of 1m+ ounces, which would not be mentioned if it wasn't realistic. $1000 per ounce profit we are looking at 1b profit."

I cannot recall seeing an AISC from the company. Indeed it is much too early for them to produce this and so I assume that you are pulling the profit figure out of the air? The 1m+ ounces is an aspirational figure that needs to be validated by a JORC assessment. Just be cautious of aspirational statements, whether they come from management or others.

Cheers.