open briefing update on walhalla, page-5

cherrymans, $200 is probably a ball park figure although as you say it can only be a guess at this stage.

Yes, prudent management is an accurate description, I do think a number of points in that presentation were understated, under promise and over deliver is what I like.
Eureka should provide good cash flow to then get Tubal Cain, a much bigger operation, into production. After those 2 they have a number of potentially very rich targets to explore and bring into production, some of these other targets only had the surface scratched in the old days, others are virgin territory.
Certainly a long term story, at a guess I would think they will still be mining gold there in pretty good quantity in 20 years time.