Ahh thanks, and my bad I thought NSR stood for net sales revenue not net smelter return. Should have worked that out beforehand.
Basically the calculation was: (gold spot price) x 20,000 x 0.01.
Where spot price was in USD.
Don't know what the net smelter return figure would be so I used the spot price as a "known" to roughly approximate.
Ann: Significant Results from Drill Program at Hermes South, page-8
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