project financing perhaps?, page-4

Market Cap: $140mln
JORC: 2.1mln OZ with upsize
MC/OZ ratio: $59
Cash cost: USD489/OZ
ADU to produce 95kOZ within a year, at current gold price of USD1060, potential cashflow is over USD50mln. Given that company cash cosh is in USD, upsize is high as gold price can keep its upward trajectory move.

Another point worthy of investing in ADU is it might be a potential TAKEOVER target and Ghana is a friendly country for gold mining, so it is not too much of a political risk to worry about.