Peaked7 Jul 2016 01:06
At 8.5 after commercial production. With Gold price flying and no further production issues, 13p at $1400 POG is attainable. Take into account the more than doubling of share issue(effectively) , the injection of 30 mill and should be easily debt payments after 3 months, bullish. Needs to be de risked as soon as you can imo but if the gold bull run continues, sky is the limit here. Only caveat is Private ownership, hence de risk. Still cheap if your bullish on gold.