Current gold resource is roughly a million ounces .
@ 70% equity (700,000 oz) = US$700 million approx .
Deduct US$700 per oz capex = US$210 million margin/ A$230 million
Assuming 800 million shares and A$230 million gold value = 29 cents per share .
JORC increase and other international projects will only improve value .
29 cent per share gold value
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