Take into account they will be producing nearly 30k oz p/a plus the processing agreement signed add in the fact Gold prices are about to go balistic and what oRS producing cost in the area of 500oz, im thinking they wont need any raising issues for some time and by the time they need to fund a new plant in WA i am sure what they cant fund themselves their share price at that point will mean a very minimal share placement at worst. 30,000 oz x $3000oz = 90mil less 15mil production cost 75mil p/a within 18mths hmmmmm I dont think their share price will b 20c for too much longer. Just my personal opinion of course :)
ORS Price at posting:
17.9¢ Sentiment: LT Buy Disclosure: Held
