results of study by end of 2016, will be good to get confirmation of some rough numbers on the Coolgardie project to see what it is more accurately worth (at current A$1,770/oz, it will no doubt be material to the current market cap)
even at A$1250/oz costs it would be worth $100m for the 200koz current mineral resource and will be minimal capex due to project setup (mining/toll treating)
Ann: PGO INITIATES MINING OPTIMISATION STUDY AT COOLGARDIE-PGO.AX, page-2
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