why CYM is a Billion $ company in the making, page-1104

To provide some real world context with a recent sale...

Glencore just sold their underground mine (Capable of producing 41kt to 49ktpa) for $1.1B USD ( $1.46B AUD).

Nifty will be producing 25ktpa. So for simplicity; even if we just straight up halve Glencore's value, that's a price of $730m AUD for Nity.

But this doesn't take into consideration that Nifty's open pit; so it has a lower risk and has a low ASIC. And that Nifty has substantially more resource. Nifty is a 30 year+ mine. Furthermore, it doesn't place any value on our other deposits which have the potential to become a second and/or third Nifty-like deposit.