Ann: Bajo Negro Drilling Update , page-5

EmDe,

Dont often check the AND thread as theres not much interest in this one.....

Been harping on for too long here, imo if exploration continues to develope AND could be aiming at 250koz-400koz pa for 10 years at cash cost below US$300/oz, if silver takes off then much lower and perhaps negative in the early years when production rates are higher (no thats not a typo).

sp in reach all an all time highs now so perhaps some funds and others are starting to look at this potential.

How much is that worth? In gold bull run?.....I think you could see the better low cost 100koz producers at US$1B per 100kozpa. AND should have a production cost and therefore profit much higher and trade at higher valuations.

Seriously, If you can find a better PFS on the asx for a large mine (+100koz/pa) then buy that. Better yet please tell me and ill buy that.

Still not confident AND will produce one ounce of gold...

Chart, wants to go higher...