Recent $SGO interview covers PEA & reasons for investing! Sonoro Gold Corp. ($SGO $SGO.v $SMOFF)'s Chairman, John Darch, and President and CEO, Ken Macleod, were recently interviewed by Metals News regarding their project and it was me hyped about their future.
The interview gives an in-depth look into the positive results of their recent PEA; quick highlights include:
- Pre-tax NPV of US$68.7M, IRR of 52.7%
- Current life of mine at 7 years but have additional drilling planned to extend it to 18 years
- Gold recovery of 74%
- New data and information recovered makes their already robust PEA significantly better
Plus, they covered the primary reasons investors should be interested in $SGO:
- Diversified management team with decades of experience
- Outstanding property transformed from exploration to development to near production
- Capital share structure with management and staff collectively having 20% ownership of the issued shares
- Clear business plan to move to production asap to generate cashflow and expand the resource
- Demonstrated ability to raise funding for projects
I'd really recommend checking the interview out, $SGO has a solid future ahead of them IMO
https://www.metalsnews.com/t1379376i