According to presentation the Enterprise vein is some 500m long...

According to presentation the Enterprise vein is some 500m long and 60m deep and 1 to 1.5m wide equal 30,000 cu.m (based on 1m wide).

Weight of tonne of material 4 tonne per cu.m. Bit difficult to assess given clay and rock. [I always have problems with this gm/t - if it is in Mn ore it can be higher - in fact I find the gm/t a bit misleading unless the mass of the rock is given]
9 gm/t = 1,080,000g
Troy ounce = 32.15 gms
Troy ozs = 33,600.
Gold price $AUD1600 per oz
Mining cost $AUD800 per oz
Margin $AUD800 per oz

Margin $26.9m
Shares 1.65b
Value of just the Enterprise vein is 1.6c per share.

Somebody check my figures please.