I think we are all trying to guess really in terms of market cap, I look at Alpha as what Neil said, highly profitable with low cap ex and low operating ex.
So the $100M a year turnover Neil expects, even if costs are 50% Alpha will still be making $50M profit per year for 10 years of the project, half a billion profit over 10 years, very impressive to say the least.
And i think 50% costs I've noted is going to be way to high, maybe 20-30% is more realistic, so my values above are likely pretty conservative.
Based on all that i think Alpha alone will be around 1B market cap and rising, it's 10 years of high profit low expense mining and a very attractive long term investment people will want to get in on, as news spreads the shares on sale will dry up.
I've not even noted Georgina as it's such an unknown quantity, but I'm quietly confident big news will come based on those bullseye anomalies, the detailed drilling being done, and all the bullish body language from Neil i saw first hand at the RRS presentation recently.
If Georgina does deliver, and i think it will, then the market cap can go huge, how big is impossible to accurately guess, what are the market caps of similar companies, find those and add to the 1B i think Georgina can make and you might have some sort of idea what fully operational Alpha and Georgina can give us.
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