in 2015. ME 150k at 400 Vent 150k at 400 Cooke 150 k at 400 (once uranium as by-products used to effectively cut costs)
if gold holds 1400 USD/oz We are looking at 450 MILLION operational profit! The admin added costs etc. would be reduced also due to the synergies of multiple mines within similar precints.
The risk is increased (why I sold off a little bit) but the upside has doubled to tripled.
If they can prove their ability to lower cash costs, they could quite easily take RU from being not worth the capital expenditure for the US investors funding it previously into being the jewel in Gold One's crown.
GDO Price at posting:
42.0¢ Sentiment: Hold Disclosure: Held
