Is the mill worth at least $17million?
Yes , of course it is probably more Apollo Gold Paid $25mm for a used similar mill they bought 8 months ago.
Then The value we are being given of $33 million is only $16 million for the gold
$33m -17MM.....leaves $only 16MM for 800,000 oz au (which could easily grow to much larger resource since it is adjacent to the Hudbay property)
THAT is only $20 OZ au in the biggest Gold Bull market in History
WE are being asked to accept $20 OUNCE That is shameful That is insane.
With $25 million the mill can be running and Garson can be cash flowing $20mm a year for starters 50,000
oz times only $400 oz profit is 20 million A year and we are being asked to accept $33 million.
If you agree contact Hudbay
www.hudbayminerals.com