sorry yes you're correct. my mistake. so let's mine the deposit over 15 years and as you say, value the production at TEN PERCENT of sulphide. So I'm reducing cashflow by 90 per cent as you say (i dIaagree on ten fold but let's use that). I get a market cap 13 times today's price. go back to work mate.
And I find it really interesting that they are confident they can get to first production in 14 months. Equals very cheap cap ex to get up and running. bery shallow deposit. Jizz Minimus how many times have you been to PNG and surrounding islands?
AVQ Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
