Yes, I meant $3 - in the long term and assuming we start mining; and not just the target of some takeover. I have assumed aisc of $2.5K with gold at AUD 5000 and 1.5MT. Appreciate this is a very simplified way of calculating.
My worry with your valuation per share is that we were already there a few years back with a lot less in the ground and without Ironbark proven to be able to fund future development...
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