I ran some very high level numbers on the NPV;
US$2,000/oz gives us an NPV of around US$450m (AUD$630m) - gold simply moving through it's previous high.
US$2,500/oz gives us an NPV of around US$664m (AUD$930m) - gold responding to serious issues in the global economy.
Good food for thought, given the above only represents 1/3 (stage 1 mining only) of known reserves...
Ann: Corporate Presentation and Financing Update, page-5
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