article

Heres one to think about http://business.smh.com.au/business/oz-hopes-for-quick-sale-of-martabe-gold-project-20081231-77xk.html

Throw a few calculations together from ths articles numbers for ORP.

Martabe worth a possible $362m with 2.3m proven gold deposits + silver.

ORP has a million oz's AU+ (possibly more again). Off the top of my head i thought they had some silver too.

Anyway the point is Martabe is 60klms away from Pungkut so its a relative comparison and imo a handy guage to show the undervalued ORP share price.

Will be keeping a close eye on this for a number of reasons.

Cheers.