RE:RE:$30 TO $50 BUYOUT??!Well Mega, I do realize we don't have a NI 43-101 or even a mill at this point, but when one compares this animal to KL he has to keep in mind this will be OPEN PIT and so therefore the AISC will be VERY low, which means MORE profit for the company. I therefore think the KL value comparison is irrelevant, but maybe sets a FLOOR.
If we could produce 500,000 ounces per year, that would be some unbelievable numbers.
500,000 ounces
x $1,000 profit per ounce
/ 167 Million sh outstanding
2.99 per share profit
Good numbers.