GREY:OREAF - Post by User
Post by
NiN777on Jan 20, 2021 8:05pm
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Post# 32341168
Mkt cap should be closer to 300 millions
Mkt cap should be closer to 300 millionsWell that project NPV would be close to a billion dollars at 1800USD +, inflation is just around the corner, so the time is on our side. so lets say Orea's share is worth approx $500M Once that permit rolls-in, the project will be essentially politically de-risked. Norgold or a third party would then be expected to pounce. But who's in a rush to sell on the cheap? Montagne d'or economics are robust, OREA can self-finance it with the higher SP( equity offering / flowthrough shares ), combination of NSR, the Colombian revenue stream, bond / bank loans etc; that is unless a fair offer comes in at $300,000,000