Re-rate trigger, page-12

@loki01

Not much if anything has been factored into the EV for Alacers 50% of the Gediktepe project.

The attention has been focused on Copler.

Some late 2016 commentary had a NPV of approx US$475m (Alacers 50% share of this)

I think they are keeping this up there sleeve for now and have included this in growth prospects but dont be mistaken, this is no mug project.

For those interested here is a link on the 12 yr project that others companies would love to have.

http://www.alacergold.com/docs/defa...entations/gediktepe-update-final.pdf?sfvrsn=6