GREY:GDPEF - Post by User
Comment by
LeftBookon Jun 14, 2019 12:12pm
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Post# 29826532
RE:Lockdown: RCG DELAY
RE:Lockdown: RCG DELAY
Let's say there is the potential of being 2Moz properties, and
we know about 700,000 so far.
That leaves 1.3Moz out there. Somewhere.
Let's say that 1.3Mz is not on the balance sheet.
Let's say it is worth $1.5/oz or $1.95M.
Let's say the company develops it to the same level as Goldboro when OREX merged with ANX. So, $15/oz or $19.5M
That nicely offsets the current liabilities.
But for now it is worth, say, $1.5/oz or $1.95M or 1.1c/sh