Hi Unlucky_bacs In today’s West Australian there’s reference to...

Hi Unlucky_bacs 

In today’s West Australian there’s reference to Auroch Mining. 

They are all excited about drill results of 7% Zn in South Australia and an XRF a (small section) of core at 24% Zn. 

As generally considered high grade Zinc is circa 12%.

Given our latest average is more than 3x that at 40% and lab tested, also considering the scale of our project and free full ownership, then quite rightly the case for a dollar is IMHO really fair at dollars plural... why?..

well there’s not many shares on issue at about 200mill so a billion dollar mine should provide lots to be excited about = say $5 a share but even half allowing for all contingencies is way north of where we sit today.

This not taking into account the value of any other assets MB Wirlong and Fenceline and the massive overall size of our tenement holdings which we are steadily unlocking and proving up. 

One thing that is decidedly and decisively true is as Rob recently reported the “Cobar is the reliable place to be” for polymetalic discoveries!. 

The many explorers out there focused on gold would be delighted to have our 18.2 metres @ 2.77 g/t so I’d say Mr Market has us misunderstood undervalued by far

Sarg