Ann: Quarterly Activities Report, page-5

G'day tman6571.  Great to have you aboard, it's finally looking like we might be having some fun.  I'm using this line from Page 8, " The initial sample of 5,472 dry metric tonnes produced a total of 1,725 ounces ofgold at a recovered gold grade of 9.8g/t gold from a feed head grade of 11.2g/t gold (a gold recovery rate of87%). Can't remember where you got your numbers, but, these are the ones I've used all along and I wouldn't be surprised if they made a mistake in the one you've read, as I previously posted, they are pretty notorious for un-edited reports with typos.


Just as a totally irrelevant aside to your point, they never got paid anything for that 1,725 ounces of gold, their share stayed with the producer and he declared bankruptcy and we never saw a cent of it.
Maybe Dugsab would be good enough to repeat his excellent calculations for the Maroon deal with all the latest numbers i.e. current price of gold, current AUD price etc.