I think the Cambodian assets are worth about a billion and a half dollars to EMR based off 200,000 ounces a year at $850 after cost for just eight years.
I believe I have under estimated all variables in that (total price, total output, profit per ounce and length of operations).
$100m credit line will look tiny compared to a one to two billion dollar balance. That's where I pulled that figure from.
Ann: Option Exercise, page-27
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