The ramp up at Gibraltar will happen as planned although the trand is a little less than I hoped.
In the arms of a company such as Gibraltar the true value of Prosperity is at least $5 a share IF we get approval. The value will be extracted without much dilution because we will have cash flow from Gibraltar cash from the streaming deal and a great partner if needed. Chance of approval may be 60%?
Aley is almost sure to get approval and this asset could be worth $2 a share or maybe much more. Chance of environmental approval is about 90%
in about 15 months it is 95% sure that construction at one or the other new mines will be underway.
The TKO current share rice is solely based on cash on hand plus Gibraltar.
Perhaps we are approaching a point where the market is seeing the upside?
The wait will be worth it