Ann: Quarterly Activities and Cashflow Report, page-32

Do you even understand the hypocrisy of that post flyboy? Your contribution on HC these days is pretty much limited to superficial one-liners and having a dig at anyone bothering to question or analyse. Superficial and laughably ridiculous one-liners mostly.

"ps, back in my day, in this sort of gold market, this would go for USD250/oz +++"..... wtf?

CDV owns 90% of 5.1M Oz Reserve, call it 4.5M Oz x US$250 = US$1,125M valuation??? Really, at AUD 65c you are saying CDV is worth A$1.730M even though the market won;t buy it much beyond a A$175M market cap?? Mate, that's a Disallowed right there if you are making any sense. You just put a A$3.50 price tag on CDV lol, headshake...

But as usual you're not making any sense. At $1550 gold Namdini has a post-tax NPV5% of US$958M. You claiming that somebody will pay US$1,125M for a $958M asset (if the DFS costs are to be believed) .... in Africa? A 17% premium to an already skinny 5% discount rate, before considering the considerable working capital and corporate costs on-top of the project only, pre-capex purchase price of US$1,125M. If that's your sort of corporate strategic thinking, I suggest keeping quiet about your intellect rather than posting to prove it.