RE: GETINTHERE4 Oct 2021 13:19
Personal, I take the view the increases will be month on month, as they have been recently. If we get to the 100 tons for Sept we should increase from there. I also think it’s worthy of note that Wres is delivering on what it says recently, which was not always and quite often the case previously ( one reason or another).
The numbers that it looks like we are hitting are in line with stepping up to meet the target 800-1000 tons, from la Parilla, so that’s good.
The fact there’s news from Portugal to come along on licensing really can lead to a step change if we get the Regua ore in the system. If a JV or some arrangement for gold comes along that will be a bonus, that could be considerable. If that all happens, I reckon we could refinance at less punitive rates, I am not sure what we have to do to give the surety to achieve that ……perhaps four months at full or near full production , so Dec- March? Perhaps.
Certainly it’s been a pan full downhill slide on the SP, but moving forward from here on in it loooks like it’s going to improve considerably from the current sorry pass. What has gone has gone, but we are left with a really good operation in a good jurisdiction with metal prices on the rise. Really wish I was starting my investment now and not way back. It is what it is, but the going forward looks to be looking very promising imho.