Can anyone predict when orp will rise. Brought on the results the other day and feel its extremely undervalued at these prices.
A resource of near a million oz at 2.4g/t is good, and margins are likely to be high. You would expect the scoping study to be favorable (given the gold price, size/grade of the resource, likely cash cost) and warrant going into production and if they can continue to increase the resource at some stage there will probably be M&A rumours to drive the share price hopefully.
Thoughts?
very very quiet calm before the storm, page-4
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