RE:RE:Why the drilling now??All drilling results have now two consequences:
1) they will enhance the overall value of the company – via the NI 43-101 instrument…the fact that they did not announce a new one (NI 43-101) …implies that they will go on for some more time…portably in 2019 and 2020 as well)
2) This number will set the stage for gold production per years; thus it will effect the EPS and consequently the share price drastically. The mine life is currently planned around 15 years yet….Hint: look at the bottom of the last press release (13 February 2017) “200,000 ounces a year for ~11 years”… that quoted number is a fingerprint of a coming communication strategy…. Imo…nobody at from Sabina really believes for a second in that number… this number is lowballing the geological facts (look at the recovery rate) drastically… would I be surprised if they will produce many times this amount per year in 2024? No! … so why do they not tell it aloud?…because they have a normal operational uncertainty in the production beginning (as it is not unusual if there are problems in the project and ..maybe more importantly... they will want to play the EPS outlook cards when necessary…