If the lodes prove to be high yielding the cost/oz would...

If the lodes prove to be high yielding the cost/oz would drop.

It's all about reserves and costs.

Perish the thought but if gold were to drop in 2 years time to say $900USD /oz the mine would still be profitable even taking into account mine setup costs.

Whatever happens this mine is viable now but if they do get their one million ozs!!!!!

Peter has his FS and with resources to be upgraded continually from now on he will be beating the CRC drum everywhere.

A small regional gold mine with big reserves, low costs and lots of mine life = an appropriate share price$$$$$$$$$$