Lets let the drill do the talking Johnny.. but:
Newcrest bought Lihir over a year ago for Approx 9 Billion...
Gold has risen nearly 50% since then.
If fnt was to replicate Lihir they would be valued at over $32 per share :) for a market cap of around $9 - $10 Billion.
Thats with gold price being around 50% down from where we are now.
So the question is what would Lihir be worth now if they were still here??
$13+ Billion??
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