RE: Eye-Watering Numbers!5 Sep 2021 10:34
indi123. Yes indeed staggering numbers which makes this a truly world class leading asset, but don't forget this scoping study was done based on sc6% being $650 per ton, but recently 6% has fetched $1350 per ton, more than double the scoping study price. Based on this, that is an extra $700 per ton profit, and there is the increased life of mine which could go to 12 years in the PFS. Obviously the PFS will not be done at $1350, based on current pricing, but also will not be done at $650, and likely set at $950-$1000, but who knows if the price keeps going up, which is very likely. A white golden gem.