1.7mill oz gold at AUD850 = $1.5 billion302,770 tons copper =...

1.7mill oz gold at AUD850 = $1.5 billion
302,770 tons copper = 660 million lbs approx (using 2240 lbs/ton) = $2.64 billion
4.4mil oz silver = $64 million

Total in ground resources = $4.2 billion

Current market cap = $276 million

Therefore if market cap was to move to just 1/10th of resources share price would have to move from 27c to 40c.

Successful producers/explorers can easily be priced in excess of just 10% of in ground value.

In addition, the share price needs to include something for the "blue sky" element. There is substantial exploration upside in TMR's leases.