My rough thoughts on the gold alone from a speculative point of view is if we have the 1 million ounces plus at Kelly,Gts etc plus the potential target amount of 10 million plus at Manus(from Triple Plare's overview) disregarding the copper/silver and taking the conservative inferred value as the ball park figure there is a rough $40 milion in the ground. Of course a substantial amount of drilling on both counts to delineate that inferred is required.
Plus just Arie alone "Includes a porphyry copper deposit drilled by Australian Anglo American in the 1970’s and 1980’s with a non-compliant exploration target mineralisation estimate of 160 -165 million tonnes at 0.32% copper"
At an equivalent 3cents per pound in ground value for copper this alone on a pure percentage basis is $3.3million.
All speculation and based on my oponion only.
PRE Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held