TTM 3.23% 45.0¢ titan minerals limited

News: Minera Gold to present at Melbourne Investor Luncheon on August 12th, page-7

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    It says US $400 or 80%, wouldn't that mean 0.8x1300 (current market price)= $1040 per ounce? so MIZ would be making around $300 per ounce of the 10% it sells to silverstream right?
 
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