exs sold cloncurry for 175m, page-14

The grade of AOH's Roseby project is 0.7%, slightly less than EXS's Cloncurry but most of Roseby deposits start from surfaces and open pittable whereas Cloncurry is underground. Therefore Roseby is better.

Cloncurry is not an underground mine plan?? It's open-cut too.

I agree Roseby is better though. Tonnage is just not the only consideration. Certainly not Resource tonnage.

Roseby seems to have a pretty similar NPV to what Exco just sold CCP for. What we can all agree on is that AOH is worth far more than it is currently valued now!