Ann: New Conglomerate & Gold Nugget Discoveries, page-176

Was just looking at the Qrtly report. And after the base study. It seemed (the way I read it, VOG @$AU1,600 AISC AUD1,200) the return would be only 5c over 5 years... pfft

But.... but that 5c was after paying off the mining infrastructure. of $78M + $18M, and using only 325,000oz of our 1.2Moz

So the balance of 900,000 oz Guess AISC would fall to $1,100 atleast

900,000 oz x $500 (Taking VOG $1,600) = $450,000,000 net profit

Net Profit per share (worst case scenario dilution to total 500Million shares) = 90Cps

At current 350 Million shares = $1.28 ps

This is just at current Jorc of 1.2Moz

Everything happening currently, and existing unexplored area, is a bonus...

And people stillscared, why ?

Fantastic IMO