EAR Feasibility Study released 6th August 2018 plugged in A$ gold price of $1600 , versus circa $1850 today .
Obviously, moving scenarios here , but the pre and post tax IRR's were impressive ...although non geared scenarios, which it won't be .
Capital costs to restart Bronzewing should be status quo +/- , and opex costs should also not significantly in at least stage 1 .
Revised resource statement should be significantly upgraded , particularly in the Indicated category although Measured will remain unchanged .
NST will be all over these numbers , and it seems by the volume thru in the last few days , some of the more astute Brokers are doing the same .
No in depth analysis in this post , just a revisit of Announced Information which supports the buying upside still from this level .
Take a revisit look at the 6th August 2018 for yourselves , and form your own opinion
cheers