Not my day. Wanted a lot more than i picked up this morning. Maybe later, but not likely at this rate!
Surely the announcement could have waited till tomorrow :)
It's good to see some old familiar faces here like Elz.
More so, baker steel are in and have made some good calls recently, IGR and SLR amongst them!
If we take an look at a post from SP on another forum and apply here the story is extraordinary,
12.65M o/z
Gold value at AUD1388 oz,
17.5B total in ground value
Shares 806M
Value - $4.35 per share!
Current sp - 31.5c.
There are a lot of zero's in there!
Cash cost are excellent, already a producer, no debt, no hedging.
The market has runaway with other goldies and left this one standing ... for now.
Not my day. Wanted a lot more than i picked up this morning....
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