RE:RE:Updated Viceroy OpinionAnd ... long may we keep the "merger hounds" away from our asset so that we can enjoy the ongoing profitability that PVG has to offer.
2018 -- 1st year in production -- will realize overall profitability of ~$225-250M. At steady state we would have complete payback of the build investment in less than 3 years and with 3800 t/day make that 2 years.This leaves an additional 10-15 years MINIMUM of +$300m.yr profitability on <200M shares outstanding. Lots of room for payment of dividends and further expansion of the mine 43-101 resource.
At todays share price a $1/yr dividend = 10% annual return with capital appreciation as an added side benefit.
Short sellers are blowing smoke out their a** to find shares to buy.
Keep PVG out of the hands of those greedy SOB's that will swoop in to buy us at pennies on the dollar and FOR ONCE let the retail investor enjoy the fruits of our ongoing support for a fabulous mine -- it would be a great change from what normally occurs in this marketplace!