I guess we all knew it!!
2 scenarios:
1. 12,000oz x $1,200 = $14.4m less say $500/oz cost then net profit becomes $8.4m
2. 25,000oz x $1,200 = $17m in net profit.
take this money, build a small 500,000t/year plant for KP & you have a $500m company or roughly & conservatively $1.00 per share.
on the short term, remember that $2m net from Mandilla got us to 14c, guess how much would would a MINIMUM OF $8.4m will get us???!!!
Congratulations everyone....IMO...from here, we sit back & watch the happy ending of the movie LOL.
whoever took some profit already then well done & whoever was a believer & kept holding then pay day is coming very soon!!
cheers,
bingoooo - feysville is a winner!!
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