Hi Team,
Thought it best to have a look at some of the key items that will impact the scoping study that was released 16th August 2021.
Below is resource estimate from scoping study prior to MRE increase of 750,000 ounces.
Look at above the increase in total resources and the grades!
The increase in grade is huge. Should result in potentially lower strip ratios and lower AISC.
Super keen to see the updated economics! Grade increase, confidence in resource increase = potential higher production in earlier years.
Could indicate potential for 120,000 or 130,000 ounces a year once full production rolling and that is huge increase to NPV and MC
Scoping Study Upgrade - FEB 2022
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