Let's put our imagination hands on and say NTL does bring...

Let's put our imagination hands on and say NTL does bring 100,000t down the mountain and it holds true to the 23g/t grade.

Let's say NTL brings down 230,000 ounces with an AISC or C3 cost (including toll treatment, whichever measure suits you) of... say... $1300NZ per ounce, with a gold price of about $1700NZ per ounce.

Look, honestly, I would be perfectly happy with the resultant $32,000,000 gross annual pre-tax pre-royalties pre-whatever profit.

Hell, OGC bought Waihi for $101m 2-3 years ago - wonder what NTL would be worth on those numbers.