As Barry Fitzgerald mentions, IF the numbers come out as he mentions below, it's very cheap at $70mill MC.
Production - 100,000 p.a
AISC $1000 +/-
LOM 8.5 years (this is what made me sit up and take notice)
CAPEX $120mill
DFS due in a few months
$1o mill cash in the bank (fully funded to mine decision)
One large virgin open pit. simple metallurgy
plus strong exploration potential...
Crap, just talked myself into a position.
As Barry Fitzgerald mentions, IF the numbers come out as he...
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