I do not know the company well and what other projects or resources it has..
but at US$900oz, if all goes well, they can earned 0.63 cents profit next year.
then in 2011, based on production of 100K ounces, it can earn 8.5 cents EPS
in my conservative opinion, it can be worth 8 to 10 cents over the next 12 months
at us$1000 oz, it can earn between 0.9 and 1.2 cents EPS, given a 12 month target of 10 to 12 cents
regards
v
I do not know the company well and what other projects or...
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