Ann: Boorara Resource Update Increases Gold Grade by 34%, page-19

70,000 oz.. better still. As long as HRZ hits it milestones on time i.e. FID by second half this year production in late 2022 we should see share re-rating. I mentioned another peer group stock OBM in an earlier post with 5 times the capitalisation with 5 year mine life, 80K oz production with 2moz resource. Assuming there is minimal dilution you would expect HRZ share price increase about 5x when it get into production in late 2022 based purely on the consolidated BFS gold production. Nimbus and Vanadium are just bonus upside.