I believe JLP, they have the equipment and production is under way. But to answer your question I will refer to 2C's response to DOS:
Posted by: 2create
In reply to: dreaminofsailin who wrote msg# 38311 Date:4/19/2007 11:06:05 AM
Post #of 38362
**Updated-Well Dos, if an All-Cash deal were to be done, I would have to say an estimate approx: as of what we had PR'd (of 7.4 mil OZ AU) by Dec 30th 2006....And including also a production facility variable and/or licenses/technologies held...
..These would be variables if they were to split-up by any number o portions thereof of the deal transaction/inclusions couldthen change the dynamices involved....Such as tangible plus or minus intangible assets.
...However then approx; = $3.00/share to approx: $4.00/share, if ALL Cash @ closing and based soley on hard assets...Then some processing technologies could be caried over to another...And we still WIN-BIG in the meantime ;)
--plus or minus $.50/Share