RE:RE:RE:RE:SPA hit some actual High GradeAt $2 the shares o/s were also likely half as much. The only way i can see that it hits $1 is if gold goes to $1600 or so. The resource is not completely derisked and is likely close to being uneconomical at 1200 gold - that is why it is at 5 cents.
If it is bought out at $ 1 or $250 the AISC increases quiite a bit as well. I am a shareholde for far too long...
Heywood could you explain why this is potentially a $500M company?