Anticipated Growth and Upcoming Catalysts in 2024 Major catalysts are coming up as well. The conversion of mineral resources to mineral reserves is expected to be complete in June 2024. The company anticipates it will be able to successfully convert 500k to 1 million resource ounces to reserve ounces. Richard Young has mentioned he anticipated a reserve increase of 2 million ounces and IR has confirmed this statement. The company has postponed the release of updated technical reports, which include the 63,000-meter drill program, details about optimizations, and expansion plans, to the 2nd half of 2024.
With the share price rapidly rising, and given the upcoming announcement of key events and the surge in gold prices to record levels, it will be fascinating to observe the impact on the share price following these developments.