Been There

I like your numbers!! I previously did some envelope calculations & tried to look at the deposit as a major would. I was out to lunch on the capital cost start up. If a major paid $20. per sh. for ARU that would be about $2.9 billion which would add $145. per oz. to your numbers for an all in cost of $373. per oz. That is profitable!! Thanks for your input. I guess you would need to add a number for interest from the time of a takeover to mine start up & cash flow. I know there are too many unknowns but can you make a guess at the time required from takeover to mine start up? We promise not to hold you to a guess!!

Joltin