If they reach target production for the first year, and achieve...

If they reach target production for the first year, and achieve the AISC guidance, then they are certain to reach a market cap of $1.2 billion at least, and probably during a spike in gold price, up to $1.5 billion market cap for a short period.

So with no further dilution, that gives them a no-fuss range of $1.10 to $1.50 after a full year of production if ALL targets are met.

Can all targets be met, and at the same time, will gold stay above US$2,000 - if so, it's a perfect scenario for Tietto.

Gw