RE:Fun with numbers....And if you wanted to be super conservative....Say they only get to 50k ounces per year....you know that's going to happen with Goldboro online and a few feeder systems....50k is a slam dunk.
Say the share count doubles and AISC is $800 and gold is only $1600 in 2 years...
That's $40 million in profit or 14 cents per share....a 10x multiple on that is low but still gets us to $1.40 per share US or 8 times your money if you can wait for Goldboro to reach commercial production...at a 20 multiple you have a 16x bagger from the current price.
So even under the most conservative numbers you will make between 10x and 16x your money if they just get to 50k ounces, gold gets to $1600 and you're patient enough to wait 2-3 years for it all to come together
I believe gold will eclipse $2000 within a year or two. Do the math on that! 60 million in profit...50 cents per share if they double the current share count.....$5 to $10 stock.....30x to 40x your money?
$10k in stock becomes $300,000 $30k in stock and you're a millionaire
I don't think any of these scenarios is out of line or wish thinking at all. If I've made any poor assumptions let me know. I'm staying with Anaconda for the next 3-5 years unless and until something alters the story in a significant way. Then I'm retiring and sipping fruity drinks on a warm beach.