Let’s assume it is same as Chatree and all 5targets are between trucking distance, I would say it will be +or- 10m oz gold.
Plant 2 cost us 100m usd back in 2010, May be plant 3 will cost us 150usd due to rise in cost of goods.
With existing reserve we should be able to mine easily 7-10years 100-200k oz per year. Should give us enough profit to pay 20c dividends, continue exploration and build new plants.
or Results of few holes will give thai people enough confidence to participate in thai IPO to raise $500 usd, part of it can be utilised for plant 3 and balance to kcn shareholders
Just trying to convince how well is my investment (ignoring risk factors).
Settelment ? TAFTA ? WIN ? LOSE ?, page-149
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