3-4 weeks left “...At least One Million Ounces...” of gold. 3-4 weeks then we will have the new pre-feasibility studie.. today Kerr has 0,3Moz according to the existing FS from 2010, the upside from that is significant!
Fundamental Research Group projected 0,63 Moz and then a fair value SP based on that to 0.69 dollar. Management of Kerr thinks at least 1 Moz of gold and on top of that copper and we can look forward to futher plans of exploration drilling in the 4 new zones: the 3 blue pearls and the south west area.
I personally thinks we could have 2-4 dollar SP around 2019 if Kerr is right about the new pre-FS and if one or two of the pearls ticks in. (in July 2017 Eldorado gold acquired Integra gold for $590 million with an indicated resource of 1.04Moz at 7,24gpt (kerr is higher) and inferred 1,18 at 6,80 gpt) so as you see its not that increadible that we have a 10-bagger, lets see.