Ann: Quarterly Activities Report and Appendix 5B, page-7

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    Anyone thought about how quick they could get mining?

    How many Tonnes per year in this sort of small operation?

    40,000 perhaps @ 2g/T = 2500 ounces = $13 Mil
    AISC of AUD$2500 = 6,250,000

    Profit = 6.75 Million

    PE of 20 = Market Cap of 135 Mill = Share price of $1.80

    Just thinking out loud, very basic reasoning.

    Anyone have a target market cap?
 
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