So with no debt and annual free cashflow of 35 to 60 million depending on grade and gold price they have a number of options.
exploration to find and source the higher grade ore will obviously be a key focus given the fixed throughput of the plant.
With one of the largest list of prospective orebodies to explore on the leases which will no doubt result in significant mine life extension, the processing plant will be the bottle neck so I’m wondering how soon it might be that they could start building a larger plant.
what do you think.
What will they do with all the free cashflow
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