Howdy. Seeing how no one else has responded to your question. I will give it a go.
I have not seen any definitive timeline mentioned as far as first production is concerned. But one could possibly deduct that given we are now in 2025, the DFS & PFS are set to be delivered later this year, that it would take 2 years to build a plant etc Then 2028 would probably be on the money.
However exactly what they propose to do with production seems to be in a state of flux. Continued success with drilling is naturally changing the dynamics of everything here. There is talk in news releases about evaluating various entry points & earlier into the production phase. Maybe a staged start to production to get revenue flowing ?
If the resource base continues to grow via current drilling ( & grow substantially according to Josh Pitt ) then i am of the opinion that the original plant size of 120K oz / year or 10M tonnes of throughput could well be substantially increased. We could be looking at a 200k oz / year operation.
Stay tuned i guess. Its a very fluid space with Saturn.
STN Price at posting:
22.0¢ Sentiment: Hold Disclosure: Held
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