Ann: Quarterly Activities Report, page-5

From what i can see from the preso, I think the grades are a given mostly as what are the chances of the drills only being in the high grade spots... every time?

Maybe they are working off old drill sites, i dont know.

At the end of the day its an AU equivalent number of @$246 oz.

Binding offtakes worth around 30mil per year WITHOUT the gold.

Gold is the icing on the cake at over 700 mil oz (conservative estimate) I think it make the million ounce.

At the end of the day they dont have to mine it, its there waiting to scooped up and reprocessed.

I reckon this show is viable even without the gold if they can produce more pyrite and Cu SO4.

QLD Gov want this sorted and of their books so the road will be kind to them imho.

The perfect storm