VRC 11.1% 0.5¢ volt resources limited

Ann: Luiri Hill Gold Project Resource Estimate 851,000 ounces, page-21

  1. 127 Posts.
    lightbulb Created with Sketch. 35
    thats in us dollars -in $A at $2,500 an ounce it is $2.1 billion- I would think the ASIC would be at the lower end as labour is fairly cheap in Africa- but even using $1200 then you are roughly looking at NPBT of $1.1 billion over the life of the mine. MC is $38m.
    Appears likely the Jorc will increase also. Still have the Graphite project also- huge!
 
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