g'day Macros.
I hope you are right & total costs come in on your est.
what PE are you suggesting for the 29c?
junior/mid size gold producers normally don't get all that much by way of multiples.
need to look at peer group (& peer group we will be in when CRE included) for a guide.
cheers,
ned.
ps
it has been interesting to watch the market on the various gold stocks while rest of markt has been smashed. I will do a table on my various ones vs POG & S&P 500 when some time. some clear messages in there imo.
1700 aussie, page-16
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