Ann: Spectacular Intercepts at Boorara - 4m at 91.4 g/t Gold, page-14

following up from the previous thread regarding a valuation...

State One initiated coverage of MRP in Nov 2016. Although this is now out of date that report does offer a useful metric for valuing ASX goldies.
"We calculate that gold companies are valued at a (simple) average of ~A$84/oz Au Eq. Resource."
So a quick translation is for every 1M ozs... that adds $84M to the MC = 24 cents/share for MRP. [note ... this refers to "resource" ... the valuation should improve as the in-ground gold moves through indicated on up to proved]

http://www.asx.com.au/documents/mrp-mcpherson-resources-20161116-initiation-1-of-3.pdf

I stumbled across MRP by watching all of the presentations given by ASX Co's at the recent Beaver Creek Precious Metals Summit. I found Jeff Williams' presentation to be straight forward and compelling. It is completely obvious to me that MRP know they have something good here.