Once the "sell-at-all-costs nervous nellies" who were throwing shares away today are out of the way (may take a week or two) the sp should settle quite a bit higher.
13k oz @$800/oz in 2012 and 22k oz next year - with the prospect of higher volumes and a plant to come. At $1600 pog that's $10m this year and $17.6m next year vs. about $15m market cap at today's close of 4.3c.
Could double to 8-9c ps and still be very cheap on guidance production and costs.
MUN Price at posting:
4.3¢ Sentiment: None Disclosure: Held
