RE: Hybridan Initiation Research Note β Part 8 of 8: My Overall Thoughts8 Jul 2026 08:08
Simply put the model was to attack production on 3 fronts which are mines, gopp and tailings. They have shown that Tesoro/ Tesoro 1 has potential to have 5 mins in to production, they have shown there are high grade pockets along the Tesoro vein. They are opening another shaft are targeting high grade material, conducting further sampling works. With regards to the gopp the last rns was very clear that the design is complete and that the company are in advanced financing discussions continuing with multiple potential funding partners, whilst an offtake agreement/pricing received from a major commodities trading house is also under consideration. La Patona if funding comes through will start imminently I'd imagine. No one is waiting for it to be built, investing here. Tailings for me although not sexy are going to be a huge part of the model here. I think we will see more traction on this as gopp news progresses. We also have a framework with kuboc have already identified a shortlist of gold, silver and copper exploration opportunities, across the Ayacucho, La Libertad, Arequipa and Ancash regions. Very exciting.