Gold target tonnage and grade ranges, page-5

Also went through the back of envelope exercise to convince myself of the numbers involved

2 million tonne at 20 g/t = 40 million grams of gold
3 million tonne at 30 g/t = 90 million grams of gold

So potential range of 40 - 90 million grams of gold

Using 30g of gold per ounce:

Potential range of 1.3 - 3.0 million ounces

Current gold price (AUD) - approx. $4600

Profit per ounce (assuming costs of say $600 AUD per ounce for simplicity) - approx. $4000 AUD

Profit range then = $5 billion - $12 billion AUD

Similar to those of Muzzab overall

An exploration target and conceptual so time will tell how realistic it is.

However interesting that that the lower profit figure ($5 billion) is approx. 100X our current market cap ...