GRL 6.25% 1.7¢ godolphin resources limited

Ann: Shareholders' General Meeting Presentation 13 June 2024, page-5

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    Thanks for that, but what I am really asking is what does 'koz' mean
    - is it 1000 ounces (1 troy ounce = 31.1 grams), or
    - is koz the way of expressing one troy ounce?

    At Au$3,000 an ounce then 519,000 ounces would be $1,557 million
    Surely if we had an asset of over $1,5 billion we would not be at 2 cents a share???

    I tried to Google the term "koz" but got nothing sensible.
 
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