RE: License21 Nov 2018 10:59
Hi BigJ
I still see DR taking this through to production, the numbers involved are huge, even at 80k ounces/year, he will also want to add this achievement to his CV which currently so far has been impressive.
However, after production he may want to involve some Canadian interest, as he has already had a trip over there to showcase the business !
Plus, as he has said they may wish to combine the two businesses together later next year that will need some stability, within the board, to pull that off without detriment to the parties.
Another factor will be the Gold price, ok so it’s been in the doldrums for a long period, but there’s a lot of chatter currently, that in around 2020 the markets will be out of ideas and the current frenzy of the US $ will start to abate.
This in turn will see the Gold price move in an upward direction, just at the time we should be pulling the A$$$$$ out of our open pit!
GLA….LTH’s