RE: Mining license formalities6 Nov 2024 22:49
The open pit is just a starter - a low cost entry point to generate cashflow. The bigger prize is the deeper mineable reserves - high-grade and a 15km strike length. Only some of this is permitted but it is always easy to get a permit update once you have overcome the initial hurdle - which Bezant has.
This is soon to become very, very interesting. What would be the multiple for FQM, Rio or Anglo to take us out ?