Ann: Change in substantial holding, page-34

What is a JORC resource of 1.5M oz of Au near the surface in PNG worth?

Do the maths on the lowest TO of this at USD$10/Oz

It costs USD$30-50/Oz to find an Oz of Au from pre-IPO stage to report the JORC estimate.

USD$15M market cap (AUD$22M) and currently AUD$13M @ 2.6c AUD.

Re-value on the basis of a take over @ MC of AUD$22M = 4.4 cents a share

My average price is 3 cents.

Institutional investors are pouring money into the company and like me buying shares at 1.6 cents up to 2 cents a share.

Shares trading up 8.33% today

So your point is what?