Size is important for the big guys, haha.
How long has Newcrest been parading Wafi Golpu? When will they actually developed it?
That's my point, find the big one and a major will eat it up for US$50-100/oz minimum, it adds in a big way to their inventory and valuation (typically just a d1ck contest in a bull market which is coming).
I'm confident of +10Moz at Quinchia, easy to do basic valuation off that so your $700M feel's about right.
PS
Size is important for the big guys, haha.How long has Newcrest...
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Mkt cap ! $9.648M | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
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