I'd say after debt repaid. If they hit 160k oz per year at 1000 AISC by end of year - around $80 mill free cash flow, so may repay the 40 mill debt by this time next year - possibly H2 2017 divi?? - who knows.
I'm looking for the market cap to hit around 300 million short to mid term if all goes well with Deflector and AUD Gold holds up.
DRM Chart Discussion - 17 January 2016, page-44
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)