5silverlkning808 please don’t shoot the messenger.
sorry to tell it straight. Unfortunately the $75m capex forecast to build Sangdong was established three years ago before you and I were paying $2 for petrol !
sadly this Korean bbq bill will cost at least $125m by the time it’s finished. Management know that and just want to pick the right time to tell you.
I am sticking with Group 6 Metals in Tassie and Pilar Gold in Brazil.
Pilar’s Bodo mine and mill is already built and Group 6 are more realistic on what it costs to build a mine.
my bet is your mine starts late 2024 not late 2023 and watch out for another CR!
Goodluck all!
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