RE: devil/oldskull/starter24 Oct 2019 10:55
All for an mc of 22 mil, cash being spent, but it's adding value by developing knowledge of the resource using the pre-existing concentrator and building a stockpile of preconcentrate, whilst also moving the Jig to design capacity.
More and more pieces of the puzzle are getting filled with one remaining part of the new concentrator awaiting commissioning within weeks not months, at which point the stock pile can used on 2 concentrators not one.
IMO this is why Spanish investors are happy to pay a premium on the current SP, as it's easy proffit for them whilst also supporting the local community.