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Couldn't agree more GPH is now a company with a JORC, $6mill...

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  1. 5,575 Posts.
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    Couldn't agree more GPH is now a company with a JORC, $6mill cash, creasy on board the guys a legend it opens doors.

    I can't see a situation where they don't use the $6 mill to progress the project threw this pumping into a scoping study and beyond where we will see a serious value increase, assuming all goes well we are currently looking a tleast a 20 year mine life with plenty of room for some more exploration.

    They just need to keep plugging away putting runs on the board projects like this I love we already have something that is worth multiples of the market cap, we aren't searching for it we have already found it, just waiting for the market to catch up, it's a smaller version of some recent winners I have jumped on like CDV and BKY, quality discoveries that took the market a while to wake up to just a process now of sitting around waiting for the market to catch up.

    Just looking at the raw numbers
    z1.jpg
    low side 75kt x $600 = $26,250,000
    High side 100kt x $750 = $56,250,000

    For less than $100mill capex, latest preso actually had a hint toward capex potentially being significantly under $100mill.
    z2.jpg

    We can all see that kind of cash flow on a quick pay back, big margin, big market, substantial mine life play currently at a sub $20mill company it makes sense all night long, huge upside to that as well if all goes well and our redbearded friend gets his way and that 100kt production plan gets bumped to 200kt.

    I am more than happy to park a big chunk of change in GPH at these prices, this will be my third big run up the mountain on GPH, no dirty options to hold it back down this time I can't see anything holding it back.
 
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