Sorry ZXC
misread that.
NMG would have to worth @ 6.5 mine life @ 150k of AU, with potential to increase to 10+yrs - at least 500m (low end). 2.28m resource and 1m reserve.
But if we get the 4-5million they are talking about, and POG increases to above 2k, well 1billion would not be out of the question!
Im sure PRU only have a few hundrew million at this moment to take over a company.
So a CDT - AZM would be more on the cards.
phone call, page-11
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