VEC 0.00% 1.2¢ vector resources limited

You then also need to factor in a value for Maniema and Kibali...

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  1. 618 Posts.
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    You then also need to factor in a value for Maniema and Kibali South which each have a JORC resource estimate, albeit at earlier stages than the A-K resource. Nevertheless, including those 2 resources should add a further 60% of 420,000 ounces & 60% of 1,470,000 ounces to the EV calculation with perhaps a greater risk factor given the earlier stages. Even if the risk factor was upped to 50% for those 2 resources, we'd be adding an additional $34m to the EV (1,890,000 x $60 x 60%(ownership) x 50% (risk factor)).

    Should be tipping us firmly over the $100m MC.
    Last edited by 82Punter: 08/03/19
 
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