Make no mistake DWWWUU , PIR is a billion dollar company in the making.
Up to 320000oz/yr at sub $750/oz cash cost , out of a single pit, close to mine friendly infrastructure. This is still a calf , turning into a cash cow.
At $1350/oz = $190+ million free cash flow per year. At $1450/oz = $220+ million free cash flow per year.
Mine payback in under 2 years. Healthy dividends to follow...
Share price of $3 over the next few years is a bare minimum target imo
PIR Price at posting:
$1.17 Sentiment: LT Buy Disclosure: Held