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perhaps you need to consider that they used a gold price of...

  1. 150 Posts.
    lightbulb Created with Sketch. 17
    perhaps you need to consider that they used a gold price of A$3,250 to get 480,000 of their inferred resource, current A$ price is $2,450
    I do hope the gold price goes to $3,250 but a bit brave to assume it will. Usually people use a gold price below market to show how robust their project is. You can make your own mind up about this but it could explain the share price.

 
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