OTCQX:NTGSF - Post by User
Comment by
easycoderon Apr 26, 2020 11:02am
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Post# 30954638
RE:Increased Offering
RE:Increased OfferingNow that's behind us, we sink or swim based on the leach pad processing feasibility study, whenever that comes out. We don't know when - no guidance on how close to completion it was when the lockdown happened. Maybe they already had the field work done, for example.
Anyway last time Bill spoke about it (can't find the interview) he was talking an IRR up to maybe 60 or 70% and $35 mill USD to start the mine, with cash cost of $850 or so once they start processing the leach pads..