The average for most is US900, so low would be around US700 I would say. Likely profit is therefore us 1000-1100 per ounce as opposed to 700-900 average. At 830k Oz and 1100 US profit x 0.8 share = 900m profit in the deposit so far. Add extra drilling and resource growth and a P/E multiple etc you get the picture.if I could put 200 in the bank now to get 900+ over a few years I know what I would do.
Ann: High-Grade Gold JORC Inferred Resource 830,000oz @ 11.6 g/t, page-108
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