napkin numbers17500k plus 650k makes 2.4 million ounces.
That's 12 years of mining @ 200k a year.
Initial investment to start mining 300-400 million.
Anual renvenue @ $1500 gold : $300 million.
Proffit margin between 40% - 60% depending on grade.
All this without finding any new discoveries.
We all know GP is just getting started on a huge land package.
In 40 years investing I never found a company valued at 30 million today
with those napkin numbers. Sleeping giant is the best way to discribe Gold Terra.
We still have to find the money to make it all happen. That is the only negative if you want to find one.