RE: RE: So we hit book value? What's next? Cash/Assets vs Outstanding Shares
For the end of Q1 I expect 92-96Million in the bank.
It's hard to say what they will need to raise next year, but I presume they will need mega funds for construction + production + shipping.
I mean that from .86 I can see an easy 5 times value, of current share price at .86 so... I feel comfortable at to say this will be worth to up near $4.50 before production commences. If gold can move over $2000 again and their facilities can pump 3000-4000TPD out the door we will see $5-10 easy after that. However, I want to stay safe at $4.50 value within a few years.
This could change this year... all they need is to gain a lot of confidence and do everything has planned and investors can pile up...