Think this way.
A company has 1,100 square meters mining lease, 6.5 million oz in resource and 1.5 million oz in reserve.
The current gold production is able to support the exploration program, which may be not in profit but sustainable after removing the head office and senior managements.
Is this company a good take over target for a big gold miner ?
Think this way.A company has 1,100 square meters mining lease,...
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