Which others should we consider?
I expect we will never know if we have a deposit of 30M oz. It will be long gone before that happens, but from a major's standpoint, the choice is obvious.
You cannot determine exact numbers here. It is all speculation. The only thing that you can really determine is that 0.11 / share is low, and the market cap (not necessarily share price) will likely move higher as we prove out the resource.
The only other possibilities I can think of are wildly outlandish, such as bogus financials or mining resources. That seems more unlikely than proving out our resource at this stage.
Consider this:
• Scoping study - +/- 30-40% margin of error
• Pre-feasibility study - +/- 25-30% margin of error
• Feasibility study - +/- 15% margin of error
Seems all of my numbers have a high possibility for margin of error to the positive side and the negative side.
Understand the present. Create your future.
