From Shanplus43 This is really crazy valuations.
When Novo moves to the Fresh from the oxides, they will have grades 2+ gpt and that should translate into 100,000 Oz for 2023. Operating profits should be USD100 M or therabouts at current gold prices. Given that the overburden of oxides have been removed already and the haulage roads are in place, costs should be less than what it is today. Must be really crazy to sell.