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1,376 Posts.
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23/09/09
20:26
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I was just looking at a recent IGR pres.
1.8M ounces of gold @ 3+ gram/ton.
They own a mining plant...
Planning to mine 75k oz per annum.
M/Cap is equal to NKP.....and punters are expecting it to double by Xmas.
makes you cry....or scratch head....or both.
given that NKP has ~50M ounces of PGM (75% share of 70.)....and planning on a 1/2 share free-carried 1M ounce per annum project.
Ah well, one day I guess.
Wake me up at $1??
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