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Ann: Cannon Mine Maiden JORC Reserve, page-3

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  1. Dr_Whom
    88 Posts.
    lightbulb Created with Sketch. 10
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    06/05/19
    13:19
    Post #: 38428205
    have a look at Pennys Find, a similar deposit ERL sold that to ONX for $10 per ounce plus a 5% royalty.

    On those figures Cannon is valued at $200,000 plus a royalty..
    SAU Price at posting: 13.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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