cheers for such a in detail response!
i have been LCL nearly a year, and have not sold one single share! i can see the potential it has.....
far east captial mentioned last year in sept, Tesorito alone has the potential to be a 2 moz back in September 2020. This has probs increased now given our results so far as the area keeps expanding...
if a PFS/FS or JORC is done, and the reserved/resource comes to be 2moz only at tesorito will you calculate:
2 mill x $1700 per ounce for Au = $3.4 billion?
therefore, the market cap will be equivalent to close to $3 billion?
i am very bad w calculations, hence why i am asking such questions.
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