RE:RE:RE:Tried to tell ya.....barringtondolby wrote: You said it rdy2, there is a lot to be positive about this DFS, the reaction today was way over of the top, a good time to buy more IMHO. Production of qtr million ounces a year, and using $1975 US for gold, gives a decent return. You add in todays GP that is close to $400US more an ounce, add in a positive market for silver and copper and the IRR would be very good. If you believe gold is going higher then it just gets better.
Also, the Sumitomo story isl still there, this DFS will attract a lot of interest in my opinion.
Who will fund the $1,07 billion Capex?
The return on that investment will not be attractive.