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Message: Re: Dundee is Credit Suisse
4
Dec 16, 2009 10:50AM
5
Dec 16, 2009 11:03AM
1
Dec 16, 2009 12:12PM

If you take into account the $200m plus replacement cost for the mill, to justify a price of $3.50 you would need to prove up an extra 1m oz on top of the 2.6m oz, I would have thought with gold production going forward at 100,000 oz pa, this represents good value at $3.50, what value do you give for gold production and resources other than the 2.6m oz?

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