RE:RE:Rocks and Stocks chat with Downie todayNo it isn't. It's right in your face....MUST HAVE all 3 mines feeding the autoclave. Regardless of drill holes 1000 feet underground it's going to take a massive amount of capital to bring 3 mines online let alone refurbish the roaster.
The ATM announcement tells you all you need to know...they are going to sell shares until there are a billion of them outstanding. They will be selling them to the bagholders for less and less meaning ever more dilution headed your way.
You have NO idea what this is going to cost or a clue as to the AISC per ounce if they ever get it together. It won't be low I can guarantee you that.
There's a reason the majors dumped this property and the sulifde processing autoclave. It's going to cost a fortune to build out and cost a huge amount to mine and process.
My bet is this prints a zero. It deserves to be a penny stock now.