oops! sorry forgot something quite important.
the NPV calculated by mgt assumed a gold price of $1000 oz. If we recalculate using $1300oz this adds $0.33c to the valuation.
Soo... the valuation becomes $1.06 vs a current share price of 0.26c plus you have exploration upside.
valuation??, page-2
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Mkt cap ! $247.7M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.0¢ | 31.0¢ | $358.3K | 1.115M |
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| No. | Vol. | Price($) |
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| 1 | 30318 | 32.5¢ |
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| 33.0¢ | 113303 | 4 |
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