Production Implications of Pine Cove mill Expansion If this expanded milling capacity of 700,000 tons per year were intended for the HD mine and its subsequent contributing mines, production options and magnitude would be signifucant.
At 4.6 grams per ton, the expanded mill would be capable of 100,000 ounces per year of HD ore.
This would front load huge amounts of cash flows to fund exploration and development of Maritines other deposits and advanced projects .
Further, the market cap of Maritime would explode, as 100,000 ounces allocates a much higher trading multiple .
This in itself provides cheap equity based acquisitions of other deposits such as Big Ridges Hope Brook and it's 1,5 million ounces.,..and the capacity to sustain 100,000 ounces per year for several decades.
And the cash to install a crusher and Gravity separator to save transportation costs at Hope Brook for example.....or even Goldboro.
Also, the timing..late 2025 ..coincides with mining of HD reaching full capacity at exit 2025, and Firefly in 2026 resuming copper Production .
The economic returns of the multiple projects potentially emanating from the Hub and Spoke business model encompassing all of Maritime's facilitues at Point Rousse are just now starting to be glimpsed .
Our share price barely reflects any of these recent developments .
When it does, expect to see very large step function bursts in the share price..
AIMHO