Ann: Maldon Gold Operation Update , page-5

profit from gold will be somewhere between $1 and $4.2 million based on @$500 profit share per ounce. Split the difference.......$2.6m

Also need to consider the 'savings' form not having to clean-up the tailings (not that much).

Unfortunately this won't go anywhere close to making up for the intended 25% increase in shares on issue announced today. (Again, can't we end the facade of the 'buyback'?)