ORP 9.33% 6.8¢ orpheus uranium limited

To elaborate further:The cost to build the mine is US$310...

  1. 854 Posts.
    To elaborate further:

    The cost to build the mine is US$310 million
    10% of that is US$31 million
    US$66.5 million minus US$31 million = US$35.5million.

    So ANTAM payed US$35.5 million for 10% of a ~7 million oz equivalent gold resource which is about US$50 per ounce.
 
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