sell off?, page-11

Lordolean..

No valuation for Didipio as my $2.83 fair value = today's value.

But assuming Didipio production is 100koz pa, costs are say US600/oz, POG as per current.

Assuming JV found to take the copper project which would help recover the US$300 odd mil already sunk into Didipio

Approx NPAT of US$27.0mil

Didipio would be worth $1.40 to $1.80 per share gold only.

I think POG has a reasonable chance of testing support at $1060/oz

As i read elsewhere the selling of the past 3 days is the disciplined exiting.