RE: SP11 Apr 2021 15:24
years away from what billious ? years away from nine open cast mines producing from proven resource base with a 75% holding, from multiple pit heads at a second area ? The fact is with enough money thrown at it it will be months not years for significant production and simultaneous and consistent upgrading of resource estimates. Now a sale of say wk and a chunky jv will provide potentially a major with infrastructure and experience to push things through and us a free ride or the financial clout to ameliorate the process ! Did i understand that correctly ?
Now if Eur wanted to build processing, roads,housing ect to turn the region into a smaller brother of the bushveld,ALONE ! then that would take years,but at the end of those years a solo eur would be multiples of £,s sky the limit there, but to produce enough and prove up enough for a multi bagger from here ??? Months id say ! 18 perhaps and lets not forget that on that journey the sp would rise SIGNIFICANTLY with each milestone.