Hard to know at what costs they will run at but if they pull up all the 2.67mt of ore over the 36 month period and assuming a grade around 2.4g/t.
With a gold price in AUD of $3535 currently, lets say very conservately they have an operating cost of $2000 an ounce. That leaves us with a profit of $1500 an ounce.
Over that period using those metrics then it would be worth $6.9m to CUF alone.
Ann: Crossroads Gold Royalty Progressing Towards Production, page-4
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