Just wanted to remind people of the NVP of the project, prior to the resource upgrade. The PFS will include more ounces, around 25k more by my calculations.
Anyway, leaving aside the additional ounces and any future exploration success, at AUD POG $1700 the project has an NPV of about $27.3mill and an IRR of 52%. That for a company now valued at about $13.5mill