Takeovers Panel & Transparency, page-3

Correct Seboya.
The only way to work out the ounces held was to go to the Inventory note in the 2016 accounts and then divide the disclosed "market" value" by the approximate gold year end spot price.
So then the only way to calculate since then was to go to each quarterly. They indicate gold production for the quarter. Multiply those ounces by spot gold price and that gives you what the Total Sales for the quarter would be if all gold sold. You then subtract value of gold if it was all sold from the actual real sales for the quarter as reported by the quarterly. The figure left is then divided by the spot price to get ounces and that is what should then have been added to inventory.
You then need to record that figure and add it to each of the subsequent quarterly figures.
Theoretically that is then the total inventory in ounces. But why aren't we told?
Absolutely ridiculous that there is not an ASX rule compelling companies to disclose their physical gold ounces held.
Just another example of the ASIC and ASX lack of attention to detail.
But also another prime example of lack of continuous disclosure and transparency
People are onto it though.