please don't imply that i'm making things up.
AUC did trade around the $10mil mark in 2019 and the sentiment for gold small caps was much better then the current sentiment. So beware, things can drop lower, though i don't think it will.
Had around 1.6moz at a 0.3g/t cut off & it's all open pit whereas MM8's resource isn't & the potential for increase to the open pit scale is limited (scale increase moving forward mostly underground). Whereas AUC today has 3moz + and essentially all open pit.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-70
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