updated resource, page-4

early days yet - once they prove up more resources this will look attractive to the majors - they want 5 mil Oz but 3 mil Oz would be attractive.
Sill some concern over power availability and they did not cost diesel generation.
my calculations show that if on time and budget they could be earning US20 mil pa cash profit = 21c eps for a value of around $3 , but that is not including a scrip issue and capital raising, so around $1.50 would be more likely. but with a resource upgrade blue sky is a possiblity. l hold .