RE:RE:RE:New ResourceI suspect there will be drilling campaign on the five (5) additional hot spots as revealed in the recent press release, while concurrently remodelling the former low grade resource of 4MM oz. By then, further clarity of actual resources plus potential, and discussions with neighboring large cap and mid tier producers who will be in need of tonnage to run thru their operations, bringing operating leverage to them, and benefiting ME simultaneously.
I anticipate a 75% reduction in the existing modeled capex figure of $600MM (to $150MM) by 'partnering' with those in the 'hood'. This has a profound affect at take-out; using existing share count, should represent $0.50-$0.75/share. IMO