I believe the JORC value is actually around $13B (yes, that's a B) The $160M value is what the project is valued at at this stage of development, as it will take quite a lot of capital to bring it up to a producing mine. This of course makes it a fantastic candidate for a JV with a small free carried % for RMI, or for the project to be completely onsold to a third party for a considerable sum....
I believe the JORC value is actually around $13B (yes, that's a...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
