What about this scenario: proven resource of $750 mil- apply the old 10% rule for a rough MC guide= $75 mil. Allow for a dilution factor along the way and call new MC $40 mil. Gets us to roughly 1c. I’ll take that!
This statement requires a long list of caveats ie. Assumes we have a resource this size and that we actually own 100% if it!
Ps. I cringe when others make predictions re. Sp so apologies In advance, just food for thought
What about this scenario: proven resource of $750 mil- apply the...
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