According the the scoping study the NPV 8% post tax at the current gold price is $745 mil usd. A takeover at 10% of NPV is still great value and almost 5 x our current market cap. The IRR is even more impressive and approaching 200%. It boils down to whether you believe the scoping study or you don’t. They are supposedly done by independent experts ( although they are paid ). They could have been wrong but there is such a gulf between our current MC at what the scoping study is telling us. GLTAHs
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