Ok it seems reasonable then.
They've used an AUD gold price of $2300 vs current price of $2600.
So between $17M and $35M of free cash and that is before the other areas are looked at and resources mined.
Seems an easy value buy because it will have much more than its market cap in cash next year.
Get another project with the cash and great work.
All that glitters is...., page-214
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