I think with the current high gold price the company will defer the heap leach in favour of trucking from the APG pit (as forewarned in the CG research report and mentioned by Matt Wilcox btw 1:25 to 1:26 of the 3rd RIU sessions):
Furthermore reinforced by the commentary below about expansion funding to increase throughput to accommodateI agree Plext, if the gold price hits $2,300 you hedge the first 1-2yrs feed from the APG pit to self fund the APG in 2025....
I think with the current high gold price the company will defer...
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Last
67.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $768.1M | |||
| Open | High | Low | Value | Volume |
| 67.0¢ | 67.5¢ | 67.0¢ | $342.1K | 508.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1906821 | 67.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.5¢ | 1249356 | 12 |
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| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
67.5¢ |
Change
0.000 ( 0.37 %) |
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| Open | High | Low | Volume | ||
| 67.0¢ | 67.5¢ | 67.0¢ | 133357 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| TIE (ASX) Chart |