"The Telstra of miners" - lol, are you trying to talk it up or down?
As far as whether the gold is economically extractable - they already have margins of $600/oz, and how can they increase production without opening up more ore-faces, which is in the process of happening now.
My best guess is that they will be slow to reach production targets, but will eventually get there, or close to it. Really, over 25,000 ounces is all we need to be self-sustaining. Once the dilution of capital raisings finishes, the share price will be free to go up, unless the POG declines, which I think is very unlikely.
.
"The Telstra of miners" - lol, are you trying to talk it up or...
Add to My Watchlist
What is My Watchlist?
