Anyone following this story?Not much activity on this board.
I purchased shares recently. I think this is undervalued. The near term production in Argentina will fund the future flagship in Brazil. The PEA for the Serra Alta deposit looks really good:
After-tax NPV 5% of US$432M and an IRR of 76.4% based on LOM annual production of 104kozs at an AISC of $498/oz
Wow.
Drilling results from Don Nicolas did not raise any eyebrows, but many more results are pending.