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Skeena Resources Ltd T.SKE

Alternate Symbol(s):  SKE

Skeena Resources Limited is a Canadian mining exploration and development company. The Company is focused on revitalizing the Eskay Creek and Snip Projects, two past-producing mines located in Tahltan Territory in the Golden Triangle of northwest British Columbia, Canada. The Eskay Creek portal consists of eight mineral leases, two surface leases and various unpatented mining claims totaling 6,151 hectares. The Snip Property consists of one mining lease and eight mineral claims totaling approximately 4,546 hectares in the Liard Mining Division. The Snip Property’s indicated resources include 823,000 ounces hosted within 2.74 million tons at an average grade of 9.35 g/t Au.


TSX:SKE - Post by User

Comment by AlwaysLong683on Jun 13, 2023 11:10pm
160 Views
Post# 35495136

RE:RE:RE:Calculating further dilution

RE:RE:RE:Calculating further dilutionIn my world, Stage 4 of the Lassonde Curve starts when all permitting and approvals (including environmental assessment approvals by both the Feds and the province of B.C.) have been received, full financing of the project via debt / equity raises / streaming agreements / other is completed, and construction of the mine build actually starts. Exactly when do SKE bulls think this will be?

Also, looks like a small mine with a low LOM estimate and thus likely not large enough to be bought out by a big mining company unless larger high-margin resources are eventually found on SKE claims.

Finally, I bet the currently estimated capex of $451M USD ends up being much higher if/when SKE reaches first pour on this project given the new reality of higher inflation, interest rates, etc.


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