Some ideas for what IMO would be a perfect scenario. How many can we tick off now?
1. We should have at least 580,000 ozs of proven gold within 50 to 100 metres of the surface ready to be mined by a nearby processing plant.
2. We should have at least that same amount of potential gold in 100% owned leases proven through IRGS gold zone locating technology.
3. We should own 100% of a gold processing plant, close to our Agate Creek mine and ideally surrounded by stranded gold mineralisation and dozens of old open pits.
4. We should have plans underway for a second processing plant at Agate Creek to process the less than 3 grams a tonne deposits.
5. We should have directors that are personally heavily invested in the company and hold a majority interest to show skin in the game.
6. We would also like the directors to have family members heavily invested in the company.
7. We should have numerous drilling opportunities, proven by IRGS, to ensure we have a steady flow of gold to be processed over the next ten to twenty years.
8. We should be cash positive with gold bars being produced and sold.
9. In 2023 we should have a year's production of our own gold, equal to, or close to our current market capitalisation.
10. We should have a commitment from the board to take the company to the status of a mid-tier gold producer within 3 to 4 years.
11. We should have a chairman who has been prepared to back the company with his own money, rather than invest in traditional safe-havens.
12. We should have a commitment from the board to pay a dividend in the near future.
(20min delay)