General discussion - re rate start August 2023, page-91

on the back of everything posted here / research and where we are at etc

We theoretically should be starting to hit the $30m MC mark now in all honesty. The LIMs alone on the back of JORC upgrade is enough to warrant that IMO.

$30m MC - $0.028c SP

on south update / upgrade $35m MC - $0.032c SP

on PFS - MC $80-100m plus depending on NPV component.

so 10c is $107m MC which is achievable but more realistically for now and IOP I see it as above.

IOP goes up, second LIMs comes back high percentages like the last on smaller rock size and we definitely can see $0.10c plus.