.fabulous news, page-4

3m oz in ground, it will be reviewed by the majors and if they see upside to 5moz they will look to buy PIR. It ticks the box for 300,000 oz/yr for 10 years....so Newmont etc would be interested,

So kick the tyres now, have a good look, make an offer at $150/oz in ground with your own experts thinking there id 5moz.....so you are really only paying sub $90 in ground...... and everyone is happy.

That puts a value of $450M on the company.......and if they are smart they would do a corporate deal and move on.......leave some on the table for the next person and be realistic for a change in the industry...


No position....out of cash for now....but would buy if there was a few K spare.