I agree they’re different resources but money is money. DEG is going to have an astronomical ASIC and we are going to have much, much lower. That is obvious - so if they’re going to be far less profitable, how do they have more a near 15 x MC? Just saying it’s a different resource is lazy.
80,000 ounces is for the shallows, but eventually when a big miner comes on board and proceeds with the UG mining etc it will ramp up over 100,000 ounces and be doing 60-70milkion plus profit per year.
Good to see you’ve given up on saying only 1/4 of the nine will be mined - no point continuing with ridiculous statements so well done.
Ann: Mining Right Granted at Witwatersrand Basin Project, page-155
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