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clock Created with Sketch. 28/09/20
19:16
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Originally posted by TerribleTadpole:
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There are some concerns about reserves and longevity. Mine life on currently available reserves is roughly 5 years. If you extrapolate that in a ridiculously oversimplified way to $0 capital worth in five years time, you lose $1 off the capital value of the share each year, which more than offsets the earnings per share.
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Thank you. So, it all hinges on exploration success (like an exploration smallcap...almost or an m&a deal?).
(20min delay)