EV/Ounce of $85/oz is quite conservative imo
AOP with a circa 800,000 oz resource, no reserves nor scoping study has takeover offers at $180m MC.at the moment
The contingency over the court case shouldn't be a negative, even if the case was lost the consequence of this would be the vendor purchasing the 15% stake we gained in the last CR (at 27c mind you), considering the share price is now at 8c I doubt the vendor would even want this anymore
Ann: More wide gold zones intercepted at Ternera, page-13
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
