Based on NPV 8, it is expected to be approximately USD 50 million and based on NPV 6, it is expected to be USD 70 million. Although the amount of resources is smaller than expected, the amount of minerals already known (see website) has been reduced significantly. I assume the cutoff grades have gone up and the ranges have gotten smaller. At an NPV of 6, AAU's share is AU$52.5 million, or three times its current market capitalization. If the dispute with DR is won, an additional 50 million Australian dollars will be added. If so, it would have a market capitalization of over $100 million. Don't just look at IDA's example, but look for various examples. https://icsid.worldbank.org/cases/concluded The barrier to appeal is very high.EL PILAR will likely need 200,000m of drilling to explore to the development preparation stage. A few days ago, Brian's cost per m was US$120 including analysis. EL PILAR's exploration costs will be at least US$20 million to US$30 million. If the dispute with DR continues any longer, either LD or NS or both will have to be sold. As of now, the speed of NS is fast... and the NPV is not bad. If you have any questions, ask Brian. He answers well.
AAU Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
