January Production, page-13

But importantly through "derisking the AG deposit " their valuation becomes A$1.00. CG is using a discount rate of 10% which I believe is too steep given that the Company is in production. Ivory Coast is very much open for business in the gold sector when you consider the major operators already there. Apply a discount rate of say 8% and anything below A$1.20 will not cut the mustard and I do hope Zhaojin stops wasting paper and our time.