is there a problem?, page-7

thorburn,

Let's see...50,000oz/year, costing ~$650 each and gaining $1500(AUD) would be ~$42.5 Million/year (gross), which is roughly 1.5 times the current market capitalisation of the company.

and they should do that for at least 5 years.

Now, I'm sure the value needs to be discounted over time, finance and adin costs need to be covered, etc and the market wont jump on until production really gets moving, but my extremely rough guesswork would be.

The anns will get it into the mid 20s ( weeks? )

Work starting will have it push through 30c ( a few months? )

Production commencing should bring it up to over 50c ( early next year? )

Over time, I wouldn't be surprised if it pushed through 60 with resource upgrades and/or gold prices rising further.