You've got to like the look of those Base Case numbers:
US$5/ct - = >US$3/ct (sales less costs)$2>
>US$3/ct x 3Mct/annum = >US$9M/annum (AU$12.6M/annum)
Almost MGU's current market cap!
Yes, those are target production numbers. But on my understanding, not at all 'pie-in-the-sky' - modelled on extremely conservative assumptions.
And this merely the 'Base Case' of what may be possible.
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Ann: Institutional Roadshow Presentation, page-2
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