So from some quick research as I understand the current gold production is Torrecillas and has measured resource of 102K oz of gold. They plan on producing 18K oz a year at a cash cost of $700. So conservatively at least $9mill of cashflow a year. Then they have much exploration potential still to be unlocked in the area. Then there's the Tumi area with some promising trenching results for gold and copper. And they've purchased their own processing plant and obtained copper tenements in the Cobrepampa region.
I must be missing something because, assuming no production hiccups, this looks cheap.
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