apex plant, page-11

I'll put a $60m to $100m value on it at least but Bugger if I can pick the current market- although the POG is breaking out and all gold indexes are breaking out so looks primed for a massive move on this announcement.

All I can say the project would be totally derisk, metallurgy studies done, all approvals done,feasibility near on completion, large near surface resource done... All they will need is sort out contractors and away they go and mine.

Positives of the deal if they get it for MKO price of $4m is obviously the plant, low capex start up, 3mt or 96koz tailings and the $300m tax losses - all profits will be kept for the next five years at least.