positive sp movment after ann, page-4

Better than I was expecting actually. Eventual JORC compliant Resource will probably be in the vicinity of 20Mt. Any more would be a bonus.

Assuming an accelerated development schedule similar to what AGO is proposing, and a A$18 in-situ realisable value - assuming a 10% discount to benchmark

20Mt would equal A$360m cash in bank for GIR - which is not an unreasonable start given the number of other projects they have.