6uldv8, totally agree, atm myg in ground worth is at approxlow $60. To me the market has valued myg correctly.
With a resouce upgrade we will be re rated.
extra 200,000 oz = 200,000 x $60 in ground = $12 mill
approx .033 cents per share.
The real increase will come as 6uldv8 has said "dfs and funding". Until then its just another piece of ground with some shiny stuff in it.
When we get the dfs and funding does anyone have an idea on what the in ground worth per oz would be then, $80-$100?????.
announcement, page-33
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