Ann: BFS - Yandal Gold Project & Growth Strategy, page-82

That's fine as long as NST are willing to pay up. A tidied up land package with 6-8 yrs initial LOM + plenty of exploration potential with a pathway to multi Moz's + only $40m needed to get the plant running is worth well north of $90-100m. If we can tidy up a few juniors for $10-20m we should be worth 2-3x current SP.

The game is there for Victor to hit a home run here. I know many have lost faith in EAR but it's really well placed compared to many juniors IMO.