Ann: High-grade drill result extends Ironbark mineralisation, page-19

Latest Money of Mine was good.

David Finch used 2200USD/oz cost vs 3500USD/oz for a FCF of 30%. He stated industry norm over the years in ZERO. wowzaa. He reckons producers will blow the market away with FCF profits bigger than any time in history, and when that happens all goldies will benefit.

IGV I have at 200/oz which is at the top end due to GBR infrastructure, location and deposit. (Also Musgrave sale). So we will have 1.5m.oz one day for 300m MC valuation. Insane amount left on the table though.

Ironbark is worth about 180mill profit FCF? Ish. Mined over 2 years at monument at 500ktpa (50koz)?

for context Auric did.a.deal with BMJ to split profits 50/50. BMJ mines, trucks and processes for their 50%. Aurics share price has done 500%+ with that. Thats the art of the deal patto.

Either scenario our value will arrive....one day. Meanwhile.we 50m MC....