Ann: Investor Presentation AGM 2020, page-2

Suberb presentation!!!
PE of 2x or maybe less than that!!! should go X10 - 15 compared to peers

Majority of current Ore Reserves located between Levels 8 –11 (~280koz)
Level 7 –11 have averaged gold endowment between 100 –200koz per level
Strong belief this trend will continue at Level 12 and below with further exploration

So say 150koz (which is half way what they have said as 100 - 200koz per level)
Levels 7 - 11 = say just 4 levels
So 4 * 150 = 600koz + 280koz (current Ore)
Strongly believe this will go under level 12
IMO it will be more then 1mil oz
So the ore life is more than 10yrs; they are looking to improve production and with the cash on hand the MC is way too low