Obviosuly you talk up ur co. But remember mislead in Oz = jail....

Obviosuly you talk up ur co. But remember mislead in Oz = jail. So analysts, please excuse these consider these crude and cumberson (posssibly consevative) figures.

2bill* 100USD = 2,000,000,000* (1/.90*100) = 2^10

2^10 * 20% = 4^9

4^9 / 190mil

= 2.34

Since Costs involved for this initial, paid by AOI they have not been taken into account.

Or

10bil * 100USD = 10,000,000 * (1/.90) = 1^11

1^11 * 20 = 2^10

2^10 / 190mil

= 11.69

If you take the view this is a 50/50 play.

2.34*50% = 1.17

or

= 5.85

ST
Just on drill result for initial anticipated results, with fingers crossed, well known by Dec.

LT
100% offsure, and minerals, although zinc is out of favour.... there is a new fad emerging!

Won't be long until punters discover fair value when it rises up and hits them in the head like a Bruce Reid on WACA pitch!