RE: 7.3% spread13 Nov 2025 12:14
Orosur first tested 28p on the 9th Sep, gold was 3650. Gold then went on a tear to 4380 over 4 weeks but Orosur simply traded in a range, yet when gold pulled back to 3900 Ososur fell 35%. Now gold is at 4200, significantly higher than the 3650 price as of 9th Sep when Orosur was testing 28p.
In short, the economic estimates of Pepas alone are making this Ososur price look ridiculous. As per recent SP Angel note, there is nothing priced in for any other prospect, even Anza which we know will have at least 2m oz of fairly high grade.