RE:RE:RE:RE:RE:K92 is fairly valuedthe LOM "average" includes lower production years at the tail end.
the first several years of production is higher than average if you look at the mine plan.
Retiredgeo wrote: According to the corporate report stage 2 LOM average is 120,000 oz/annum or 30,000 oz/guarter. Where did you find 140,000 oz?
Predicting a commodity price a year in advance is whishing upon the stars. The majority of gold bugs are coming in around $2100/oz for 2021. Yes, we have all heard the predictions of $3,000/oz, it has never happened yet!
I am predicting $6-8/share until phase 3 comes on line at the end of 2023, then it goes up to $20/share. A huge discovery could bump it out of the predicted range and a huge disaster could take it back down to $2.