Grayd is focused on developing its La India Project and also further exploring its Tararchi Property.
La India project using 950/oz values the equity over 2.50/share. Using todays value of gold would give you over 440M NPV or over $4/share.
Tararchi will take this to the next level, anaylist have this on their watch list as tops picks and best take over targets with targets in the 2.60-3/share range.
Preliminary Economic Assessment completed in October 2010:
- 51% internal rate of return
- US$187 million net present value (pre-tax 950 oz Au)
- Average 92,000 ounces of gold produced per year over a nine-year mine life
- Project payback less than three years
Watch Video on Grayd here:http://www.youtube.com/watch?v=0MyGQZrUupQ