RE: Everything is down17 Oct 2025 18:33
Nap, Rob has been here for many years adding and accumulating through highs and lows.
By the time Pepas is in production, 2027 onwards then it’ll be north of $5k gold, possibly $6k plus. So we could be talking $4-$5k pre tax profit per oz.
By then and with the higher grades being seen we could be talking 400k+ at an average 5g/t+. It’s not too long a wait to find out.
40k a year with $5k profit, $200m. All speculative of course but with how golds been moving it could be $10k an oz by then.
Or for the glass half empty types, 20k a year, $2k profit. $40m.