Even disregarding the other resources (South KAL, Penfolds), The Frog Legs Deposit has been projected to deliver net cash flow of $91m based on a gold price of A$950 (US$860) per once AND the current M&I Resources.
Bearing in mind that, current Inferred Resources will likely add another 209,000 (additioanl reserve of 150,000)
PLUS PLUS PLUS...the forthcoming significant resource upgrade (within the next couple of weeks) will likely add another 1/3 again to the resources and mine life
" high grade mineralisation 200m below the current indicated resource boundry at Rocket...highlighting the potential for a significant upgrade"
Even disregarding the other resources (South KAL, Penfolds), The...
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