All that glitters is...., page-222

Ballpark valuation of the PFS?

I like to think in general terms without getting too much into the nitty, gritty. For me with cash being generated share price is likely to double given gold is AUD $2,600. That's assuming that we get a decent toll agreement or partnership with a mining contractor. Obviously there will be other costs along the way that will eat into the cash.

I like this share because it is a simple way to increase in value quickly for a micro cap via production not dreams. Then once in production it really should be a case of us "free rolling" on exploration success. Whether we hit or not will be up to the geo's and drill bit.