Agreed. The 50 cps was just a guess based on the NPV of what's in the ground. Obviously at the same time Paterson's gave that calculation they set a 12 month target of $2.35. Obviously the "correction" in the resources stocks and the China story have moderated the potential .. but yes a high grade deposit with few peers will be worth more than 50 cps to BTR in the long run.
H
mumbwa project update, page-27
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