9.2 cents valuation on XST net share after royalty, page-4

First, the report is in AUD not USD so your "crunching the numbers" is off by approximately 29% from the get-go.



Next, economists predict CoS as the probability multiplied by the $-value of the available resource. So subtract another 30-odd per cent from your number crunch as well.

Please, SallySet - just take a beat on the bench. It's this kind of rubbish that leads to unrealistic expectations and massive fluctuations in SP based on absolute garbage - despite being an excellent report!