To clarify things... That's a 15 cent increase of price from the date he joins.
From today's prices, that could be anywhere from 35 to 40 cents short term.
And that's not including the lithium that's going to be de-merged. That's purely
the gold side of the business that he's assessed on.
Given we're currently producing in excess of 10,500 ounces per quater.
42,000 ounces per year is the absolute minimum we're extracting.
Which is on track for $92,400,000 per year. With a market cap of ~ 180 million.
We're massively undervalued even at today's level of production.
Within a year or two,we can expect to produce anywhere from
200 to 300,000 ounces per year.That's potentially $660,000,000....
Per year. Not including our lithium.
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