Yes, I haven't followed Doc Tunks long enough to know how often his calls are correct but if he's right and WWI have 250koz of recoverable openpit Gold say using 3g/t x 15,000tpm= 45kilos of GOLD per month (1446oz) x 12 =17352oz pa that's like 14yrs of production? using rough $300 profit share =5.2mill
Yet they get to 100koz we could be looking at 30mill+ pa which I understand will be coming from underground operations tapping into the 2moz+ resource
Overall at 17mill it sure looks cheap ....but I guess till we see the Qtry numbers prove an increasing bank balance the SP might well not smash new highs
Yes, I haven't followed Doc Tunks long enough to know how often...
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