From my take 1 million ounces of gold is worth $3 million to us and the upside 10 million ounces being $30 million plus taking a nominal inground value of $30 an ounce plus my take is another 50% for the copper which far outweighs the current market capitalisation. Downside is deep non economical reserves.
Unfortunately the share price has been hammered into near non existence and I will add I supported it by buying in the high fours and fives but currently will sit patiently in the queue for any more downside.
PRE Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held