Ditto that. At the end of the day the name of the game is free cash flow. That will entice the US investors to get onboard. LJ will need to sell the free cash flow story and the additional years to mine life. Only then, may see this bad boy go above 50 cents.
82,000 gold ounces = $1670 per ounce
2500 ton copper = $9000 per ton
AISC = $1150
----------------------------------
Gold Revenue = $138M
Copper Revenue = $22M
AISC = $95M
FY19 Exploration Spend = $10M (intent is to add 300-400K ounces at a cost of around $25 per ounce)
Free Cash = $55M
DRM Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held
