Ann: Minyari Dome Project Gold Resource Increases 250% to 1.8 Moz, page-69

The reality hasn't set in yet, but today's ann is proof that we're already there.

7 years seems to be the magic number in terms of intitial production, as a catalyst to getting a project off the ground. If memory serves me correct, it was said by Roger Mason as an aspirational target, and ex Northern Star boss Raleigh Finlayson recently said that 7 years initial production was the goal for his new project @ Genesis Minerals

So with AZY'S indicated resource @ >1.3Moz gold Eq @ around 2g/t gold Eq, being within shallow 300m depth. We can confidently say that 200,000 ounces gold Eq production a year @ around 2g/t gold Eq, for the first 7 years, is highly probable!

Also, in terms of our contemporaries, Genesis Minerals has a resource of 2Moz @ 1.6 g/t gold. But their MC is $350 million! The current Mineral Resource of the Leonora Gold Project stands at 39.3Mt at 1.6g/t Au for 2Moz. This provides a strong foundation for Genesis’ development as a future mid-tier Australian gold company.
Whereas AZY has a resource of 2.3Moz @ 2.14 g/t gold Eq, with more than half being in the indicated category, but Genesis Minerals MC is 2.5X times more than AZY'S MC!!?!!

Not to mention our nearly 1 million oz of 100% attributable gold Eq from Citadel, you can see how repressed AZY has become. But I also believe that RIO will upgrade the resource at Calibre & North Magnum over the next year.

Today's announcement is the trigger