interesting thought. Where does this one mid term top out ?
With a ~ 30k oz production facility its an annual $150 mil revenue from inception at these gold levels and around $70 mil annualised profit.
then we go to ~ 80k oz production in say 27.
With Blackjack , FarFanning upgrades there's going to be allot of gold there to extract. Blackjack 600m from facility might deliver the first 3 years gold into the facility.
there's so much upside here that it's difficult to know where this mid term price top out sits.
let's see where the new Blackjack resource estimate comes in and we can start shaping some future value.
NMR Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
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