As we gear up to see the PEA, it is worth considering what the internal rate of return (IRR) will be. After-tax, of course. I am anticipating that we will have some jaw-dropping numbers from wwwater's work. With an extended mine life of ~10 years with an expanded resource and updated NI43-101, we could easily be looking at 40-50% IRR, or even higher.
This is under realistic assumptions, not pie-in-the-sky REO prices. I fully expect the PEA will make people sit up and take serious notice of GWMG. The profits will be obscene, relative to the current share price and market cap.
Last call! Only 12 days of buying left this year and not that many sellers!