I've had this in my back pocket for a while. With first pour in a month or two, I've got no idea why this is not trading much higher or begin discussed further?
About 8k ounces a month = $130m a year in revenue, with cash cost of less than $500 p/oz.
All for a market cap of about $300m.
This will get rerated at the lastest once the gold is poured. For some strange reason it trades at a huge discount to Perseus even though numerous brokers recognize this anomaly.
ADU Price at posting:
77.0¢ Sentiment: Buy Disclosure: Held