Well I'm not quite so sure, due to Vin's posts I decided to do some due diligence and looked at the VANGO and ORD relationship, seems like there has been quite a few "Bondy" moments in the past. Some interesting history, Copper Flats, Supplejack, West Wyalong, Alpha Crown, Laos, K2 and K2 DFS, perhaps this time you / VAN will get it right Kori?
"JORC value of a minimum of $2.5bill"
Only an accountant could possibly come up with a number like that, no mining professional would embarrass themselves with that kind of valuation for the project as it stands. Just you can get a more realistic idea of what a company may pay for a target in the current environment why don't you have a look at the recent Shandong Gold Mining Company's T/O for TMAC Resources. I'll give you a few hints' 3.5mill oz of gold @ an average grade of 6.5g/t, 15 year LOM and an operational plant.
VAN Price at posting:
9.8¢ Sentiment: Hold Disclosure: Held
