RE: Anticipation Building.1 Jun 2021 21:40
It seems to me, the last 5-6 years of planning are about to explode! Like a champagne bottle carefully and respectfully shaken to create the desired effect! I believe there was no quarterly update for maximum effect. The increase based on metal prices alone is stunning. The last indication at Inyoni was at 3,000 oz per month. We know Windsor is tracking 2,800 from the website. That’s 5,800 oz over 6 months would produce 34,800 oz at what may be considered a conservative 3,300 per Oz ( as we know Leon has confirmed it’s under $500 per Oz production). Allow 15% for smelting leaves $97,000,000! Add on copper and cobalt. Add on chrome, add on-first half earnings (£30M)and it’s getting very interesting indeed! This takes into account no increased production at all! How much can we expect for increased production???? Have they been milking the cash cows? Add on an increased production factor and we’re getting into extremely heady territory! Ok we’ve got tax and central costs to take into account, but When you start thinking of PE rates of 10 or 12 or 15, the share price is so undervalued !! Maybe an easy bag coming in the next few weeks!! What a gift this is!! Didn’t even have to mention an elephant! Or a goat!