I listened to the video broadcast with interest when John stated that companies with steady state production of 70,000 ounces tend to have a market cap around $500m. However, this seems very high from comparison to producing gold miners. Has anyone got comparisons from mines currently in production with a similar profile?
Also the idea of a 20 year mine life means they are very, very confident in future exploration success.
I listened to the video broadcast with interest when John stated...
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