The Mineral Resource estimate (Indicated and Inferred) at the Cue Project currently stands at:
• 6.4Mt @ 3.2g/t gold for 659koz of contained gold
Uses half of the Resource estimate to calculate,
Current POG in Aus$: 2550
We get 2550*659/2=840M
====================
Issued Shares: 537M
Current share price: $0.30
====================
Market Cap: 161M
Seriously underestimated share price?!
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