If they get to 110k annualised by this year, they would be insane to sell for less than 600. If they are mining 250k a year in what we could probably assume will be a higher gold price 4 years from now, this is easily a billion dollar company with massive upside.
Absolutely need to build this out over the next 4-10 years, they won't get through half the asset in the next decade mining at 250k. This could be a profitable company for 25 years off this base and I want in on that ride.
WMX Price at posting:
$1.06 Sentiment: Buy Disclosure: Held
