Krr needs an overall ore grade of 2.95g/t @94% recoveryTo reach 250,000 ounces of production from 2.8 million tons/yr of milling capacity.
This is in reach and is attainable...It's not some wild speculation, it's just simple math...
Can they keep their AISC at around 1000$/ounce? Yes, this is attainable because of existing infrastucture and increased nickel credits...
So, 250,000 ounces of production @ AISC of 1000$ is in the realm of realistic possibiilty, not some pipe dream....
Let's calculate the EBIDA of a 250 k producer with an AISC of 1000$ with a $3000 gold price...Is 3000$ gold a real possibility ? I think, yes...It's at least in the realm of possibility...
250,000 x 2000$ US gross profit per ounce = $ 500,000,000.00 US gross profit or $ 680,000,000.00 CDN....Yes that's 680 million canadian dollars of EBITDA...
How much would a junior gold stock be worth with a gross profit of 680 million $$$ ???
If only gold will hit that high price , krr will make many people super rich...