Looks like all our questions will be answer by the end of October. A bit more speculating regarding Juruena. Option A, JV partner to help fund start up, Option B, sell Borborema to fund start up, Option C, the world Bank swaps it support from Borborema to Juruena to start with. Also, start up I speculate will be 15,000 ounces per annum, and then ramp up from there. That works out to be 8.2 cents a share, IF my calculations are correct. Guys, we've been waiting sooooo long for a decent announcement, however from what I'm hearing, all reports are near complete and we are potentially only 7 weeks away from knowing the complete picture in management's future plans. Sentiment changed from hold to buy.
CAS Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held