The 30 cent option has obviously been acknowledged by the...

The 30 cent option has obviously been acknowledged by the placement takers as a given. They would expect that to be in the money in the not to distant future. They always get more info than the public.
Only $1.7M for admin and to the end of financing. I expect that means late September/October but definitely before the Xmas slowdown.
Last chance to accumulate.

Don't forget that the mine will also produce 1Mtpa iron ore (not included in the NPV from my discussions the MD). That will start in year 2 or 3 but is a significant earner.

Additionally I have heard that there is 100,000t of recoverable copper in the oxide ore which is not included in the mining reserve (but it is in the resource).
At say 15,000 tpa it equates to $180M pa in sales. Just need an SXEW plant - and from what I hear it leaches very easily. And the quoted NPV is almost $170/oz gold too light. There is a lot more here than meets the eye.