RE: Predicted market caps ‘interesting’5 Feb 2022 13:56
With proved gold resources they can get $30 an oz in the ground so could ask minimum $54m and walk away or as you say a jv and take a larger profit than a sale through royalties based on some massive companies around with infrastructure more or less in place leaving CGO to go full tilt while the going is good producing met coal and the thermal coal sold to the nearby power station just built by government and Chinese as it will need a close source which is only 35km away