IMO this is as golden an opportunity on the ASX I've seen in...

IMO this is as golden an opportunity on the ASX I've seen in some time.

It's an existing high grade gold resource - priced at a shelved iron ore asset price / shell company price / green fields exploration price .

Depth extensions / multi lense VMS outside the current resource ?

There was 1m oz in the first lense. More if depth continues . Multiply by step out lenses .

IMO - several million oz high grade (was operating at 5 g/t and 1.2% copper ) is worth 50-60m-100 mc as a ball park for a take over .

Anyone else have any thoughts to how to value where we will be in 3 years ?

Oh yeah - we have to spend 6m euro along the way to earn in as part of our exploration . Plenty of reward for exploration dollars .