Hi Starr I feel the urgency and it’s always the aim to be producing but I’ve been in this story since day one, when Hampton Hill had the foresight to secure the tenure, as appears a pittance, relative to current gold prices. That was around 1992, so another 12 months or so is pretty academic. The merchant banks, gold loan lenders, and institutional fund managers care, as quantity affects the mine life and the earliest most appropriate engineering for potentially a multi-decade mine. It’s a huge open pit, it’s wide which also allows easier mining at depth, and if drilling from 250m at any later date proves economically feasible to go twice as deep just imagine the number of ounces, and end value? I think the future numbers will prove remarkable, and the IRR will be quite mind boggling. Cheers Sarg
STN Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)