With bigtee. Any alluvial income whether it's 50k per month dollars or pounds or 300 k is better than zero and gives revenues not often seen on gold stocks of this market cap. In fact I can't think of any at DFS stage with income at this price. Hence not losing sleep.
Some suggested starting points for valid discussion and what if's, that in my expectations may see RNS's flowing soon: Alluvials contracts, how many, tonnages involved, (very big numbers ?) Plant on ground, when will work commence. First ore to processing plant First gold bar, will come soon after. First income in bank, level of that income, how quickly can that be achieve targets? Will there be an aquisition, if so what and when. Negotiate from a position of strength, JV, contractual work nearby plant available, how best can dilution be limited. Efficences to reduce capex costs compared to DFS for open pit mine Confirmation that endebtedness to Auroch and YA being reduced. Further drilling of the acreage. Each little step, will make the main play just that tiny bit easier. Underground is still available too, and all in all it is a big area rich in gold ams mineral prospects.
So in my humble opinion, watching this space, may get very interesting indeed in the coming weeks and months.
My personal take from the event and presentation of course.
Having met him personally I have faith that Colin has our interests at heart and a determination to deliver.
So Cap'n before you start shooting your flintlock from your hip really should read the post, and still havent shown me the post slamming you yet. Im all for debate, but when your quoting the CEO should not miss any of his context out. That is simply wrong and has an agenda make no bones about it. Happy to take insults each and every day here if it helps clean this board up.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.