Back in 2017 when we still own Aucu deposit.
I believe it was indicated with 300koz and our sp was at 24c.
So with 1moz we could be heading back to that level (x3)
OR
price of gold per = AU$2300
1moz = 2300 x 1mil oz
Now take in account capex cost ~60%
1moz = 1000 x 1mil oz
So our market cap could be around 1bil
I remember when i was buying DEG, was same dream with same level.
never know DEG is now 1Bil mc
Anything could happen... have faith
Ann: Aeromagnetic Survey to Commence at Reedy South Gold Project, page-70
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