THIS IS NEWS TO ME. I WONDER IF THEY PURSUE THIS OPTION? MONUMNENT HAVE A SMALL 250 KTPA PROCESSING PLANT. BUT THEY CAN INCREASE IT TO 750 KTPA. I JUST RAN SOME BACK OF ENVELOPE NUMBERS BASED ON THAT THROUGHPUT. I CAME BACK WITH 60K OZ/PA AT 90% RECOVERIES. POTENTAIL OPERATING PROFITS OF C $90 MILLION PA AT CURRENT GOLD PRICES. 80% OF WHICH WOULD BE FOR ODY. ANY IDEAS FOR CAPEX COST TO INCREASE TO 750KTPA? LOOKS INCREDIBLY ATTRACTIVE TO ME. ODY AT 17 MILLION MARKET CAP IS A BIT LAUGHABLE IMO
ODY Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
