RE:" don't think ....... Look"Thanks Winedoc.
Time for some raw calculation based on the 16/12/2021 FS.
A linear interpolation gives a NPV of about 715 MC$ at 2000 $ Gold.
Our current market cap is 38 MC$.
=> So basically our
market cap is about
5% of Goldboro
NPV This does not even account for:
- Underground resource
- Growth potential at West Goldboro which began to show promising results from the first drilling campaign
That said, now all is about remaining permitting and financing Init Capex at the right time.
In the meantime let’s see what else we got in the ground and hope for a sustainable gold break above 2050 resistance.