FAR 3.09% 47.0¢ far limited

Gambia Drill, page-246

  1. 5,045 Posts.
    lightbulb Created with Sketch. 133
    Totally agree

    "50% of 1.2bil = 600mil which is 4x the 123 mil we had in SNE when we had a MC of $700 mil .So the upside looks huge from today's $85 mil MC ? $700 m x 4 ? anyone disagree with my simple maths"

    85 to 2800 = 32.94 bags that is a lot of upside and this is just the mid estimate . I know a lot of CRs have to happen to take it to production but FAR will probably just sell and carry on exploring

    Downside might be 50% but could be zero with the cash due and at hand with a COS of 30% seems like a good bet

 
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