It will never sell for $250 mill. Milan is not in the money and or our German friends. Stop there. What a silly post.
You are totally wrong.
Major shareholders will not sell this company for $250 mill. You are absolutely insane. (major shareholders account for over 70% of share register ).
What trip are you on,
As far as cashflow projections, currently hedged @ $2,650 for next twelve months for 42k/oz against cash cost $1,650.
Then ad a further 18K/oz to back up at market sell price.
What do we get. Do the math. Even it we make it there. I would like you to work this out.
So $48 cash flow is a little high but semi achievable.
Also $7 mill. in construction variance. Also a buffer of above $30 mill. to cover this as long as debt is raised.
Done.
It will never sell for $250 mill. Milan is not in the money and...
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