nice find weic. One thing that really caught my attention was
"should generate enough cash to allow the company to pay a dividend."
A dividend lol, this is beyond all expectations. Gives you some indication of how this company will transform into a great mid-tier producer next year.
I'm guessing US$600 margin on 150,000 oz = $US90m. There will be exploration costs so that figure will be reduced, let's say U$80m. So if they give shareholders 10%, that's US$8m and around 0.01 cps
Nice little bonus if you ask me
Beware of the sleeping giant GDO
GDO Price at posting:
27.5¢ Sentiment: LT Buy Disclosure: Held
