For those that run IGV of gold as 10% of pog ($1450)
PRE current MC = 11,400,000
198,000 oz x 145 = $28,710,000
434,000 oz x 145 = $62,930,000
So fair value now could be 2.5 x the current share price, and if kelly delivers 5.5.
Worth a punt?
O
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- hang in there.
hang in there., page-27
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