1m oz is worth19 Jan 2022 11:20
hi all, there have been a number of 1m gold oz deals in Canada in the past 6 months which is a safe juristiction and so is Ireland. The 1m oz deals have been in the region of £75m which is 7x our current mcap is and when the current 500oz becomes 1m which the prof said will happen. If we go beyond 1m in the next year as we have 6,7,8 rigs at once then we are looking at 10x plus the current mcap....we just await drilling news, I see the transfer of licenses as a 100% cert due to the Prof political connections and years of work with politicans and local landlowners....drilling RNS due anyday which could spin this from an unloved to the most loved share on AIM for at least 24 hours which is 24 months in real life...a bit like dog years vs human years