Keeping the tone benbo, I'm waiting for MSR to be cum dividend.....

Keeping the tone benbo, I'm waiting for MSR to be cum dividend..

Realistically though I'd expect that Shambesai earnings would be directed towards exploration. Given time I think it is almost certain that MSR will uncover a multi moz carlin deposit on its vast holdings. Taking a ridiculously long term view, and with the huge caveat that MSR is still independent, in 10 years time I'd suggest that MSR could be sitting on 5-10m oz reserves and mining 250k oz year spinning off $1 divies. However it will surely be taken over long before that. I still think PRU may swallow it up once it gets its Ivory Coast mine in production - by which time MSR should be generating good cashflow from Shambesai to spend on exploration (and hopefully sitting on a juicy carlin deposit or two). Strong buy up to 50c, IMHO.