someone just bought a 500k block, page-14

After looking at the MOL Mo play - they are proposing a 20 million tonne per year operation at a capital cost of $1 billion+ to produce around 20 million pounds of Mo at a revenue of say $US600 million per year. So a 10 million tonne per year operation would produce revenues of $US300 million.

PRU is an earth moving operation so 10 million tonnes per year is feasible to produce 500,000 ounces per year for a revenue of $US400 million with the advantage of less superheated construction costs and lower labour costs in Ghana.

If the MOL feasibility stacks up it must be a better deal with the PRU operation for a major.