Its great that they are getting an'independent' review of this. Makes it a stronger case. Wonder who they are....probs Creasys guy, Sprotts guy, KL's guy, Maka's guy.
So exec summary for NPV with 14.5% discount rate. For ARV share of just Purdays 2.8km ( not the whole 6km)
2g/t = worthless dirt
5g/t = $1b or $1.80 pshare
10g/t = $2.5b or $4.50 pshare
And if the gods related to Artemis are really looking after us. The totally dreaming figures.
30g/t = $10b or $18 pshare.
60g/t = $25b or $45 pshare.
These figures are just ridiculous. But even more crazy is that you cannot rule them out yet.
I'd be happy with 5-10g. Because what about the Purdys extension and all the other land and Mt OscarWits and the other minerals and the only approved mill.....
The mind boggles at the potential if they get good grades. If the SP starts going crazy in about 4-8 weeks without news. We know the independents are buying and its going to be payday.
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