Ann: Investor Presentation - Diggers and Dealers Conference, page-33

Alex,
incorrect maths buddy
417KT x current NP at 9.97 uslb x 2204.6 lb to T x 0.67 AUD to US$ conversion =
417kt x aud$32,800pT =

aud $13,680M
yes thats $13.68B not $12.6B
you havent added in the GS JORC & SST JORC & increased SS JORC they announced or current aud NP.

Yet on top of this is another 500KT out there inc the EA non JORC of 16KT, AR JORC say 10kt, BS diss extensions, SS deeps extensions, Gosling extensions, BS open pit expansions, so on..

In 2014 I called that there was a 1MT resource here and that there were numerous SS deep veins all around BS open pit and was laughed at, but IM LAUGHING NOW as I was SPOT ON as they found GS & ST.

SO once again, if West Musgrave is worth $1B, WSA is worth $1.2B to IGO, Noront is worth $440M and MCR is worth $800M, then POS is worth what? a lot lot more than them.

POS can outproduce WSA MCR PAN combined imho.
POS has almost double the milling capacity (3.7mtpa v 2.1mtpa) of these 3 combined.
and its open pit grade is DOUBLE that of Sherritt & West Musgrave of OZMIN

Whats it worth? $200M -$2000M - $6,000M
If Nova of IGO is worth now $3.5B with the same size mill as at LJ and less resources & mines & airstrips than POS, then whats POS worth? Once producing the true value will be unlocked imho.

START HER UP!