Gold price slumps to 2.5-mo. low 17 Feb 2021 20:24
Be hope's this lot can sort this funding mess soon
Gold will continue it's decline and the by the time BMV sort the funding to go it alone, then sort more funding to finance to project.
The boat will be well and truly missed the mines closed in the 70s when running costs would have been next to zero and the average south Koreans worked for $50 a week compared to the $840 per week demanded in this modern day era with high wages and exuberant lifestyles.
Production was meant to start late 2019 it is now 2021 and not a single Oz has been recovered.
In 10months time gold will be 25-30% lower and BMV will still be trying to raise money to fund what will be a less attractive proposition than it was 3months ago. Imo