It needs someone with more experience than I have in mining engineering engineering to take a speccy guess at vvalue of the whole shebang, however assuming the grades and thee ease of extraction (open pit, early cashflow requires less initial debt and not much NPV loss because first cash flow is so shallow at 3m) I was actually hoping for far better.
I must say in exploration speccies the gold price is somewhat arbitrary as with these grades we're not straddling our cut-off and risking unviability ...
@stotes can you please provide us some broker data?
It needs someone with more experience than I have in mining...
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