No worries LOC.
If I remember correctly, you were the one that originally asked if anyone had compared Rupice with Federation.
Keep in mind a large portion of POL Reserve is actually tailings (sunk mining costs). The true Endeavour mine grade is much higher than reserve grade.
Obviously the above doesn't include recoveries % or treatment and refining charges.
I mainly use Au Eq calcs as a comparison tool.
At no stage do I or have I ever suggested that any company should be worth anywhere near that (Dollar Value Today) number.
No worries LOC.If I remember correctly, you were the one that...
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