Post by
frances1 on Nov 18, 2021 6:53am
Updates
update coming shortly with hopefully 200k ounces of production per year - gold at $1550
so just with gold at $1850 is $60M of extra cash flow per year
if gold goes to $2550 that is an extra $200M cash flow per year and we have a market cap of $200M
look forward to when they get it out
Two other companies I follow DSV and ME all in the same boat, new updates coming shortly
ME has production profile of perhaps 300k ounces per year with 8M ounces of resource/reserves
Comment by
frances1 on Nov 18, 2021 9:40am
I agree NPV of $750M The impact of the metallurgy understanding now compared to the first PEA sb significant Analysts range from $6-$9 forecas... hard to know what the impact of the latest drilling, which will not be incorporated, as well as the high grade.....should improve economics of the production proflie even further down the road