REZ 3.85% 2.7¢ resources & energy group limited

Ann: First Gold Pour Expected at East Menzies this Quarter, page-14

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  1. 1,277 Posts.
    lightbulb Created with Sketch. 89
    my estimates are roughly between $30-$50m market cap once gold revenue starts coming in, then it depends on gold hits and resource oz at gigante grande .. if good hits and good resource defined as promised (multi million oz of gold) easily north of $100m market cap

    what's good here, is early gold revenues will provide $$ for gigante grande drilling and resource definition

    note, i base my $30-$50m market cap on conservative note.

    glah
 
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