Well, I've taken my position @12.5c so I'm biased. I see very little downside and lots of potential upside here over next 24 months.
Are people interested in this project? Do they understand the potential and how close to development it is? Do they understand the significance of the shallow/high grade ore of the deposit to cashflow and debt payback?
Not to mention a world class management team and smart money keystone investors?
At this price you are paying nothing for exploration potential as well. Could easily be a 10 year+ mine life at 100z oz + at an AISC around $1000 (lower in first 3 years, higher after).
All for MC of $70mill...cheap as chips!
GLTAH
Resource upgrade imminent, says top columnist Barry FitzGerald, page-24
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$6.43 |
Change
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Mkt cap ! $2.397B | |||
| Open | High | Low | Value | Volume |
| $6.43 | $6.55 | $6.42 | $531.6K | 82.04K |
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| No. | Vol. | Price($) |
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| 4 | 205 | $6.43 |
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| Price($) | Vol. | No. |
|---|---|---|
| $6.44 | 2986 | 24 |
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