GPR 6.25% 3.4¢ geopacific resources ltd

Ann: Woodlark Ore Reserve Update, page-2

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  1. 10
    909 Posts.
    lightbulb Created with Sketch. 81

    This has to be compelling at present.


    +400m projected net cash on a company capped at 50m.


    And that's before gearing via loans/gold forwards etc.


    Capital payback in 2.2 years and plenty of obvious exploration upside.

    This has to be a target for the more market-favoured fully priced producers.......


      



 
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