It will be interesting to see what the market values the JORC resource of 1.5mill oz at. The average for West African gold PRODUCERS appears to be around the $150 mark according to SBL's own reports. At the moment the resource is valued at about $25 an ounce.
There is room for at least a 3-4 fold increase in the MCap as it moves towards producer status IMO in the short term.
Other people's thoughts?
only way is up, page-54
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)