GREY:PGDIF - Post by User
Post by
oiltaron Mar 17, 2017 11:34am
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Post# 25993585
So the new plan is
So the new plan isTo mine CH-6 first
So lets puts some numbers to it
20 million cts of inventory with the summer program.@ $200 pr ct =$4 billion for CH-6 only
10 yr mine life of CH-6 is $ 400 million in cash flow per yr.Mine pay back 2 yrs
After yr 10 CH-7 deep drilled to 9 million ct inventory making full mine plan exceed 15yrs.
FOR $65 million market cap for over $6 billion in situ?
That is trading for 1 cent on the dollar.Now some might think 1 cent on the dollar is not that attrctive but I DO