This is good CR to start production. Here is my rough NPV value without counting tax. I hope we can produce 100000 oz per year. I assume gold price from now at least will be arkund 4000 aud for next 4 years. And my estimate for toral cost is 2000aud per oz. So we have 2000aud net profit before tax. I believe we now have 3 million oz hence my net value for us 6 billion NOW = 3mil x 2000 aud net. We.can produce 100k very high quality gold for 30 years..but we all know we still.have so much in our drills coming so my expectation we could have 5 Mil oz resource or even more...we will be one of the big high grade producer comparing with others.
hence if someone wants to take over us my minimum must be 6 Billion almost same with DEG but we have all other benefits now compared to DEG. Anywat with 6 billion my to sp targer must be minimum 5x current sp...all my musing and opinion only. Not financial advice.
This is good CR to start production. Here is my rough NPV value...
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