Could this stock be added to form the PRO West Africa trio? (Perseus-Roxgold-Orezone)

From Seekingalpha:

Orezone Gold

Orezone Gold has a late stage project in West Africa (Burkina Faso). Their first mine (Bombore) should begin production in 2017. It is a 5 million oz deposit, the largest undeveloped mine in West Africa. It will get built. The economics are good at 1 gpt surface mine. If they use heap leach for the 2 million oz of oxides, production will start at around 100,000 oz with all-in costs around $1000 per oz. They are also considering a mill at 150,000 oz, with a higher capex. My guess is they will go with heap leach to begin and a 85% recovery rate. Final permits are due in 2016. With financing, they could begin construction in 2016.

I think they have a good chance to produce 200,000 oz in 5 years. They have a second potential surface mine (Bondi) that could produce 50,000 to 100,000 oz. If you don’t mind investing in West Africa, this looks like a good risk/reward stock at this value. It pencils as a potential 50 bagger at higher gold prices. The current FD market cap is only $25 million. That is incredibly cheap for a company with 5 million oz of resources and significant exploration potential. The only red flag is the large capex ($250 million), which could be difficult to finance.