RE:RE:RE:RE:RE:RE:RE:RE:NEWS ! ! Bonterra Intersects 1.8 g/t Au over 23.2 m and 2.5 heystupid, i'm not denying Bontera will get to 100,000 ounces and 2400 tpd , no doubt in my mind ..but to achieve this you need Barry and Gladiator producing ..that is years away and very costly, and dilutive at these share prices ..
$1,000,000.00 / .60 = 1,666,666 share per million spent
$1,000,000.00//$2.78= 359,712 shares per million spent
Osisko mill at 500 million was including power line wich has now been taken over by first nations ,Osisko has over 300 million in cash and equities ..i showed you a couple examples now of larger mill operations getting built for around 500 million at 20,000 tpd mills ,therefore under 500,000,000 is realistic..therefore if Osisko were to raise the whole amount at these prices that's 180,000,000 shares for a 350,000 to 450,000 ounce a year producer and if they rise half the money in debt it's paid back with 3 years
Bontera well do the math as it needs to drill as much as Osisko did to achieve the results that Osisko has in a inflationary time ..dilutive ...
gltu got to go tee off soon lol