MC either 500M today or in 5 Years Either someone takes out MJS for 500 Million today or it will reach that number within the next 5 years. The cash flow at the current production without any growth alone will take the cash position to over 225 Million. With Bench #1 coming up to be mined the production is set to rise with that the cash will flow. ZERO new cost to be added with producition rising 50% to 100%. What not to like?
The way i look at this investment is that i have 400%-500% coming my way either today or in next 5 years. That is 80%-100% return annualized. So 100K becomes 500K or a 10K becomes 50K just have sit and wait. Again what's not to like?