Ann: First Quarter Activities & Cashflow Report, page-32

I mentioned the insitu value as a guide to the amount of gold in the ground, the real value above ground and in the vault and actual profit upon sale will depend on a lot of different factors, ie the grade when mining, ie the higher grade will realise less costs. The tax component, which with ORA will be a big plus as they have an enormous carried forward tax loss. Proximity to a plant, ie road transport costs. I could go on but you can see my drift.
The first big hurdle, which is being passed, you must find a decent deposit, and one that shows so much promise. ORA have achieved this hurdle.