??? Have you looked at the NVP versus the market cap?? The NPV in the study released on 13/06/24 (12 months ago) was $91 million using a gold price of $3,500 per oz. On page 11 and 12 it shows that for every $200 increase in the AUD gold price the NPV increases by $10 million. AUD gold is currenty $5,000, which puts NPV at approx. $160 million currently based on the study. Note that this study excludes any increase in the resource from drilling completed since the study was released. Current market cap is approx. $ 17 million i.e. NPV at current gold price is approx. 9x the current market cap.
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