Second fortune mine at present without this diamond drilling programme we are doing now is completely missed by the market.
At 1400 gold price it generates 80 million in revenue and 17.3 million free cash flow over 2.5 years.
Best thing gold is 1600 so do the maths and it will be up and running in 6-8 months.
Now if they start building the resource with upcoming drill results surely exc have to be around 10c and a 20million cap. Of course profits are shared with ptp....
Thats still far to low but better to be conservative. Crazy market cap of less than 5million when explorers have 20million caps and no income insight.
Second fortune mine at present without this diamond drilling...
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