GREY:NEVDQ - Post by User
Post by
nofluffon Dec 01, 2021 3:06am
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Post# 34183600
evaluation guess
evaluation guessI think capex is for the most part over. Could need a million final fan payment.
There will b ongoing lateral development. We have the paste plant in place.
Should b about 100 million for op drilling and satelite drilling at feb break even time.
With fans installed, hoisting should increase to 6500 tons per day. 5000 of ore for mill and 1500 of development waste.
450 million shares plus 150 million debt, is 600 million total mc at sp 1 cad.
Earnings of 150 million times 20 would give mc of 3 billion. About 6.00 per share without op and satelites.
I am very happy with progress.
nf