you a probably about right with your costs Nordesmic, so...

you a probably about right with your costs Nordesmic, so assuming we are talking about a 30 Mt reserve looking at $180 million trucking cost + roads + rehandle to process 1Mt a year for the next 30 years. But you wouldnt do that you would spend $150 million upgrading the Youga plant (if possible) to 3 Mt ....... and assuming MNG operates Youga are you toll treating???/

It is a thought exercise anyway as there is no chance they will let you truck ore out of Ghana

My best guess would be they will end up with a study in the 2Mt to 4Mtpa range possibly an expandable 2Mt, producing in the 120k ounces to 200k ounce range for the next 10 years.


Sounds pretty good to me, plenty of mid-tiers that would want the ounce profile and at a very minimum it is worth 3x the current share price and possibly much much more.


I am still buying for the record and will continue to