GREY:VITFF - Post by User
Post by
Human7on May 12, 2023 1:05pm
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Post# 35445733
ASIC in perspective, and interview
ASIC in perspective, and interview Newmont's 1st quarter ASIC was $1376. VGCX $1420. Cash cow Malartic $1125. I'd say we're not doing so bad. There's been this thing called inflation.
Looks like VGCX indeed has eyes on taking Banyan out. Going to sit down with them and see if they can work something out when they hit 5 or 6 mill ozs. Well, umm, BYN will hit that this year probably.
Notably they have CAs with two majors, two single asset players like themselves, and numerous juniors. I think anything can happen here. But a Raven + Aurmac future looks like the default unless something better comes along. Maybe they will unload LG to help fund.
Was disappointed to catch a statement about more Raven info only towards the end of this year. PEA early 2024. Could be stand alone or feeder. But it will be something I'm guessing, at 1.7 g open pit so far.
https://open.spotify.com/episode/1JNXtsGETCgYwFGZOtlKDh?si=d63375ccc3064ac8