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$OSI.v Call with Heye (& Milo) #gold #Namibia
#Need4Speed 2021 consists of two main buckets:
1) Twin Hill Central:
MRE by Mid March (My Guesstimate 1.7Moz)
PEA Mid May
PFS End of year
Bam.
4y from discovery til production is still in the cards
40 Assays pending
#Need4Speed 2021 consists of two main buckets:
1) Twin Hill Central:
MRE by Mid March (My Guesstimate 1.7Moz)
PEA Mid May
PFS End of year
Bam.
4y from discovery til production is still in the cards
40 Assays pending
2)Exploration
Half of the effort & rigs (4/9) focused on exploration. Every rig has it's dedicated GEO (18 GEO's on staff to keep up).
What is intriguing is they believe they can find a THC repeat just South, hence the planned (aggressive) drilling there. Game changer potential
Half of the effort & rigs (4/9) focused on exploration. Every rig has it's dedicated GEO (18 GEO's on staff to keep up).
What is intriguing is they believe they can find a THC repeat just South, hence the planned (aggressive) drilling there. Game changer potential
20Mil Cash + potential warrant proceeds brings them well 'into construction phase' (theoretically of course). Main add expense will be the surface rights. Navacheb 'deal' has gone quiet, not the focus atm.
Strip-ratio, to early to tell, expecting between 2-3:1
Strip-ratio, to early to tell, expecting between 2-3:1
Summary; Osino is going HARD & FAST. This will be a mine & Heye is treating it as such. Aggressive (40km?) exploration drilling - with the current tech knowledge -keeps it very interesting for speculators shorter term.
FYI, Great updated slide deck is coming asap (used in meeting)
Repeat Thesis being;
