RE:RE:RE:150'000 ounces of production a year is very possible!
With current metals prices and PoG, I concur with a market cap of somewhere between $500million and $1billion when in production, and I base this on a very conservative profit margin of $300/ounce and on the scaled down scenario. Every increase of $100 in the PoG would increase this valuation by 33% so at $1600 gold, value should be at least somewhere between one to two billion, and likely double that, as at this PoG, the full 10.8million ounces (Eq) would be easily economical. I'm hoping we're able to keep our share count as low as possible. Anything economical from Stanija would be on top of this. So, $10, $15, $20, $?/share... it's hard to say.