Hello Poppysox!OXIANA's Martabe mine under construction 60km...

Hello Poppysox!

OXIANA's Martabe mine under construction 60km from OROPA's Pungkut:

Mining US$/oz....102
Processing.......219
Other.............44
Royalty...........10
Silver credits..(105)
Total cash costs 270

OROPA's Pungkut has 1.010.000 oz inferred resources
OROPA holds 75% = 757.500 oz
Market Capitalisation 10.000.000
10.000.000 / 757.500 = ~$13.20
So OROPA's MC = $ 13.20 oz

I found the following here. It's from early 2004 and I don't know how it compares 4.5 years later:

http://www.telegraph.co.uk/money/main.jhtml?xml=%2Fmoney%2F2004%2F02%2F09%2Fccpers09.xml

When buying the shares of ---first- and second-tier producing gold mines--- in America and Canada, investors pay an average of approximately $135 per ounce for their gold reserves in the ground. With a ---non-producing junior--- company investors pay an average of $45 an ounce for their resources.