A 300k oz reserve would be worth north of 150 million at today's gold price.
That's 3 x our current market cap.
300,000 oz * $3,600 per oz sale price = 1.1 billion in revenue
AIC estimate = $2,500 per ounce sold
300,000 oz * $2,500 = 750 million
Undiscounted Pre-Tax NPV = 330 million or 6.5 x current market cap
And this all assumes we don't find any more gold.
Ann: A$2M Cash From Non-Core Asset Sale, page-7
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