RE: POG26 Dec 2023 15:26
Assuming a gold price of US$1,600-2,000 per ounce. At those same prices, the Net Operating Cash Flow will be US$112-156 million per annum for the first seven full years of production . Current market cap is just $40m, you have to be BONKERS not to take a punt at this! lol.
Now what happens if gold hits $2500 per ounce!. Cash flow exceeds $200m per annum and Kefi approaching a $1bn market cap. That the potential. You can risk it and possibly lose it all, sit writing silly comments on this BB like Bonkers or believe HAA will get this over the line and if he does you will have done extremely well out of it.
Ultimately it comes down to your risk profile. I’ve made my bed Bonkers ,obviously I would love HAA to bring home the bacon but if it went tits up it’s not the end of the world.
Now get a life you sad person and call 116 123 to get you through the Christmas period.