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Re: bigblockwyz post# 15330

Thursday, 12/22/2022 10:48:49 AM

Thursday, December 22, 2022 10:48:49 AM

Post# of 19297
Rough numbers it would take .6gpt Au/eq to pay the bills using floatation and POX
Capex would be high ($1.2-2B)
(If you can solve the Ag/Pox issue). Without that your capital would go down as well as recoveries as concentrate sales would be required.
I have looked at Rosebud for multiple companies over my career. Interesting play but a long ways from being a mine. Development drilling engineering and permitting would be 5-10 years if you’re lucky. It also has a high price tag and a very high royalty. If ownership would restructure it would have someone in drilling right now
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