Back before patersons put a 16cent valuation on MDP being a 150Moz deposit, it turned out to be 1/6 of that 2.6 cents for MDP, with promontorio being valued around 1.1-1.5 before MDP it puts us right around where we are right now.
So question is what value do you appropriate to loma Bonita gold and copper/Norte/$17mill cash/25% higher silver price/feeder zones/palo seco/ promontorio 1500m hole news.
Based on the rio spending requirements we own 20% of that worth at least $50mill when positives results are released I expect that value to be realised, I personally put 16cents worth of value on the kind of results I hope to see from promontorio.
Alcran with teck out and positive drilling and current silver prices MDP progressing to a mine I could see another 20cents there.
36cents+ I can see 2 year target for me, short term I would like to see us first break 10cents on good news.
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