Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The research note that asks this question is a) paid for by Kefi Gold & Copper (KEFI) and b) penned by the convicted felon Charlie Gibson/Lord Ashbourne. That 11.91p number is clearly hogwash for it assume a current gold price for the entire 7 year life of mine starting late 2027. I bet you my entire Cheryl Cole poster collection plus the ankle bracelet Charlie used to have to wear after giving some oik of a copper a jolly good drunken thrashing, the gold price will not average c$4000 during the life of mine.
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