RE:What happens if we get the 650m by 31st october ?The award is not priced in since the market cap is much lower. They are getting an edition 240m over the next couple of years. So market cap should be 770m + 240m and then the valuation of the expected cash flows from operations. If they receive the funds and operations go ahead - based on current gold prices I would expect easily over $20 a share. Lots of problems in Venezuela though so still more political obstacles and a reasonable chance for delays in obtaining the award. High risk and potential high reward here.