2021 NVA chart, page-637

@wombat777 thanks for sharing your (very conservative) thoughts. I remember you sending us much more daring numbers hehe. You have definitely become more conservative (which nobody minds of course!)

Question:
Shouldn't the peer average be much higher than 96 $/oz for at least part of the resource going forward as we will have a decent amount of the resource in the Indicated (and maybe Measured) category? At least for Korbel, not for RPM of course.

Say if we can get 40% of Korbel into M/I and Korbel grows to 7 Moz, we would have 4.2 Moz times 96$/oz and 2.8 times (say) 200 $/oz. Plus 2 Moz for RPM for another 2 times 96/oz.

Total resource value around say 550 M AUD (for Korbel) plus, say 500 M (for RPM), so you would be looking at 60c+

PLUS the value of SLR, say, another 10 c? So 70c EOY?

All just gross approximations ofc