Just wondering if someone could help me
As noted in Announcement - "Total Indicated & Inferred Resource: 5.692Mt at 1.42g/t for 258,000oz Au"
258,000(oz) x $1253.9300 (latest gold price) = $323,513,940
Mkt Cap $ 35,860,000
So Indicated and Inferred Resources would equate to a Mkt Cap of approximately 10 x present?
Is that right?
thanks in advance for any help
Ann: Final Strong Results from Mt York Drilling, page-14
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