SBL,
I agree.
Assuming a total resource upgrade of 500 ounces, and assuming 250k of those can be converted to reserves I reckon a price of 55cents-ish by 31/12 is a reasonable target assuming in ground values of:
$50 measured
$40 indicated
$30 inferred
$160 for reserves
JT
3m shares taken in 1 hit, page-6
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