RE:RE:RE:RE:ABX realized LN has already hit Tier 1 zoneThis proxy based PEA was done at $1500 US POG.
Currently, POG is above $1900 US.
That is an extra free cash flow of $400 US per ounce which computes to an extra $920 million US in additional cash flows per year ( 235,000 ounces times +400 US ).
Over a 13 year mine life ( entirely unrealistic as Adumbi has much more gold below the open pit and excludes 1.2 m ounces above 6 gms per ton at Makapela , but truncated for direct comparison with V Lake ) that will add more than $11 billion US to LOM free cash flows to the balance sheet in 13 years.
You can bet that one of China's national gold companies will be in the bidding, especially as they own a good chunk of Kibali, along with ABX......and Newmount sitting in the weeds.