Sprott Nov/ 22 Report States Equity Raise at $1.20 Mine Construction Cost of $300 million with a gearing ratio of 60% which is $180 million in debt along with $120 m in equity raise of $120 million via 100 milllion share issuance which is $1.20 per share ....see link below
Sprott values Point Rousse at just $24 million but no value given to Tilt Cove assets that I can discern.
This would be consistent with Kevin's intimation of a spin out of those assets.
These Atlantic gold assets....Goldboro and Atlantic Gold..offer compelling cases of signifucant accretive value that they be unified via consolidation.
That remains a rea wild card here especially if we hit paydirt west of the current two pits.l
https://sprott.com/media/5933/221128-sgnl-scp-licenses.pdf