7.6m undiscounted, so subtract 40%
But true value with current pog trend 1760-1800 add an extra 4mill roughly at this point, gold still has more to run, as the banking system delves further into negative territory in an effort to stimulate economies.
8-10m is my conservative target.
Ann: Penny's Find Gold Mine Bankable Feasibility Study Completed-ERL.AX, page-25
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