RE: Dugbe15 Jan 2019 10:52
Thanks Working the Line that's the figures I'd seen, though hadn't seen the 900$ bit.
Guess that's the crux of my question as to why its some much higher in Liberia, is it a different type of mining, underground rather than Open Pit?
Ngnlnv, this is what I was basing my question on, as this it's over 20years compared to currently 7 ( though due to expand soon) at Yan the NPV seemed low for a larger resource and production rate, at 9 mill dollars a year if nothing goes wrong at 1300$ POG. So seems high risk at current gold price, if it goes up to 1400 then fine that would cover some risks.
My understanding was also that we wanted to do a JV for Dugbe, is this still the plan they just sign the contract with Hum's Liberian Subsidiary then we sell off portions of the subsidiary when we find a partner?