Ann: Gold Coast Investment Showcase Presentation 22 June 2022, page-2

Anyone manage to glean any information from this? I had a work meeting on at the same time so I couldn't attend. I did see that they have over 2 million in the bank still so that was a positive although I assume much of that will be spent on the diamond drilling. JORC resource expected for Nov 2022 for Narraburra was also a reasonable discussion point that highlights a potential opportunity

Still confused with the math on this share price.
JORC resource at Lewis ponds of 400k ounces
in USD - 400000 ounces = $741.4 million USD
using 1300 usd per ounce as a cost to retrieve -520m
741-520million = 221million usd (should be market cap)
current market cap = 7.9million aud or 5.47M USD

assuming that because we don't have the 1 million ounces that the market assumes that this isnt viable?

I'm happy to keep buying at these levels