About right...mining grade will be around 100 g per tonne as they take out all gold and low grade in between high grade but even at that grade and the low cost of open pit mining it will be highly profitable ...under ground later they will select grade and will be much higher.. But 50 million ounces still worth over a billion and that will be at least $50 million a year profit even after writing off capital cost ...and then upside is everything other than current Paris pit... That is my simple rationale for holding ..
IVR Price at posting:
11.8¢ Sentiment: Buy Disclosure: Held
