RE: It is clearly a highly mineralised asset rich in gold.14 Feb 2026 14:09
Thanks Jungmana I’ll research LND.
Its not all about ounces unfortunately, GRL at £12m also has 600k oz and its JROC, but they are in Africa, and style themselves as a producer, but only 72k oz is cheap to produce using their current leeching methods, then capex cost will hit.
Looks like gold explorers get a premium especially if they are planning to farm down/jv the find once JROC’d. Australia, Chile etc are tier 1 jurisdictions that get a premium per oz in the ground.