RE: Almost $1 billion worth of Gold at current prices5 Jan 2026 12:21
MisterP… that’s true, never denied Bonanza is gold rich. Although still awaiting official assay results (despite having samples taken in 2024 🤷🏻♂️ - that’s another story).
But, and as always has been, whether NTVO can deliver. Given historic timeframes being missed, some out of their control, it’s now led to them not having a GOPP available when gold is soaring. The CEO himself said in the webcast it’ll be artisanal mining until then. It’ll be slow processing. No news on a contractor yet either who (again from RNS) will need to rehab the mine once appointed. So the big question remains - will funding last until then with artinasal profits. People keep quoting the headline 213k oz…. But only about 10% of that relates to bonanza (if we assume 50:50 split with morocotta).