1400 cost. 270,000ounces, 2900+ sell price.
Thats approx 400mill profit, into 400mill shares, with some new mine funding. All PE ratio 12.5 min, gives 12.5/sh future price. The only reason i can see for the sell off, is greedy prof investers pushing down for cap raise on new mine. Either way, about a tripling from here.
We know mark clark has a long strong history and does what he says, on time, on budget.
Ann: MGGP Prefeasibility & Maiden Ore Reserve Presentation, page-19
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