Compare MOZ with G Mining Ventures...Will end up with about the same number of shares
Will produce about the same number of ounces per year
G Mining trading at 50% of NPV
MOZ trading near 20% of NPV....or will be shortly
G Mining half built
MOZ 25% built
G Mining is in Brazil
MOZ is in Canada
G Mining has 2 million oz of gold
MOZ has at least 5 million
G Mining AISC near $700
MOZ AISC near $1000
MOZ should command a premium for being in Canada and having 2 1/2 times the ounces. LOM free cash flow goes to MOZ.
I think everyone should chill out. Once we get into the new year gold is going much higher, the final financing will be out of the way, tax loss selling will be over and a substantial re-rate should happen.
As the economy goes over the cliff the FED will fold and gold will rip. Sentiment couldn't be worse for the miners but that will turn on a dime and I predict a rip your face off rally in development projects...MOZ SKE and ARTG....will probably drag IAU higher too but I don't like them much