Thanks River, yea I used this:-...

Thanks River, yea I used this:-
http://www.undervaluedequity.com/Mi...-the-Potential-Value-of-a-Mining-Project.html
Tonnage by grade:-
19,000 tonne @ 34 g/t = (19,000x34) 646,000 grams of gold per tonne
Convert gold to ounces:-
646,000 / 34.2857 = 18,841 ounces of gold...
So the duck adds about 9,400 ounces per QTR if divided equally...

I'll revise my estimate to 45,000 ounces of gold @ $740 AISC...

Not spectacular, but bang on guidance, at lower end of AISC. There has been no hint in any of the recent releases that we would exceed guidance, so the value is going to be in hitting it.

The real value for us & therefore rocket in share price will come from the exploration side of things.