Zabros,The current NPV of the share price with underground...

Zabros,

The current NPV of the share price with underground mining factored in is approx $1.32. (This includes the cash and value of share holdings, capital expenditure and exploration cost, excluding Cambodia Gold).

I am just a little surprised that he has a price of $1.90 based on fundamentals, when my price, based on the same fundamentals is $1.32. (I could be wrong in my numbers, and I know the OZL s.p. is very sensitive to POC. (I am using an average POC of USD $3.27/lb))

A question to ask is what is he using as an average POC?

HT1