Yes estimates once CIL installed and O Capitão added to the millfeed OPEX at $450 per oz, with targeted production of 40,000 oz in 2014.
Seems by the end of this year everything should be in place for acheiving this figure, permits seem to be progressing well?
Doing the math at $1,300 per oz OPEX at $450oz production of 40,000 oz in 2014 equates to a $34m profit! Mine life expected to be 5 years.
Current market value is $16m for the company.
Just my take on it given the info I have read, you never know till the money is in the bank
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