comparison with pla, page-2

mswatts, your offer was too good to refuse. I had to have a look.

Now just very briefly I might add.

PLA resource is as follows

Smokey Hills 1m oz (80% to PLA) = 800k oz
Kalplats 3.4m oz (50% to PLA) = 1.7m oz
Panton 2m oz (50% to PLA) = 1m oz

So all up they have some 3.5m oz.
GAU 37% of 10m oz = 3.7m oz

PLA market cap 348m
GAU market cap 24m lol (sorry had to laugh)

Now this doesn't mention any costs etc.
Of coarse PLA is a lot closer to production and have some 21m cash, but with a similar resource and GAU 14.5 times cheaper, I'd say we'll see GAU a lot higher in coming weeks.

Hope to see JORC by June 30