GREY:NEVDQ - Post by User
Comment by
Rational47on Jan 21, 2023 3:48am
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Post# 35237084
RE:RE:RE:0.40 cad cents
RE:RE:RE:0.40 cad cents @nofluff. Do u recall the figure 6000TPD bring put forward in a PR out of the NEVDF regarding Mill capacity? The target stopes are reported to be high grade. That must mean 2% or more copper ore. I figure US$1.2M gross daily production. Could that get the SP to more than $5. I don't think so. Maybe $1.50-$2.00?
The open pit development is going to take time and lots of reinvestment. And let's hope it's reinvestment and no more dilution.