AZM 3.57% 2.9¢ azumah resources limited

Thank mate Do you always use $45/oz when calculating your value...

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  1. 479 Posts.
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    Thank mate

    Do you always use $45/oz when calculating your value of gold in the ground?
    I usually use different values depending on wether JORC is inferred, indicated, measured or proven but was wondering how you have found using just a standard value of $45/oz for the whole resourse?

    The values i usually use are:
    Inferred USD$20/oz
    Indicated USD$30/oz
    Measured USD$30/oz
    Proven & Probable USD$160/oz
 
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