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Ann: Mt Morgan Au-Cu Project Sale - Definitive Agreement Executed, page-9

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    Can slice and dice valuations whichever way you want but the EV of Drummond is around $15m by my reckoning. That is $10/oz or less. It costs more than that to drill new ounces most of the time.

    There has been some things on the corporate side of running this company I am disappointed with and the SP is a disgrace but geez even $25/oz which is hardly lofty gets us back to the teens.
 
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