RE:RE:RE:Some people were likelyhere are some key numbers of this project:
I did an evaluation model for this one, used 1200 usd/ oz gold price. 25% tax rate, 5% discounted rate, according to their feasibility study number, total free cash flow 657m, the remaining capex 424m. NPV 5% 232 M. NPV to CGJ will be 116m. if we use 54 m shares out it translates to CGJ's fair value would be 2 dollars something.
considering market condition and the uncertainty of financing part (debt, equity financing), I would think 1 dollar a fair price if we got offer today.