Agree looks very good - mine life 8 years plus (could easily double), startup mine costs $279M, EBIT $234M pa - so the mine development could be paid off in less than 2 years and if there is then 14 years of huge profits the company will pocket a couple of billion bucks! With 1.4B shares issued, at current sp of 3.5c (won't be that after today), there is a lot of money here for shareholders.
vxr feasibility study out, page-3
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