Gold Price $A, page-8

Yes I agree, it is highly likely they would start with Clonbinane, with an Inferred Resource for "the goldfield of 47,000 ounces of gold, 609,000 tonnes at 2.4 g/t".

The costs of production would be $600/oz or less, because of the high grades and they could probably process it over 2 years or less, which means more than 20,000 oz a year (> $20m/pa profit) which is more than 4c/share profit pa for the first two years.

Then they could move on to the Wandean Goldfield in the 3rd year, providing better grades aren't discovered in that initial 2 year period at other sites eg bonanza grade.Steady there ant, I know you get excited at the thought of bonanza grades.