Funny sell side slowly vanishing, I reckon news not far off to get rights issue locked in, am hoping for good offtake agreement and then DFS start of 2016
Once optimised the project has the potential for the following numbers;
Revenue $80mil
Costs $36mil
Free Cashflow $44mil (GMM’s share $22mil)
Mine Life 12+ years
If it comes off share price will be many multiples of now, they have top management to get it over the line
Ann: Agreements with Galaxy formalised, GMM poised for growth, page-7
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