long term target

In CPS research note, it says this:

"Lindian will have an exploration target of 2.5m tonnes of Copper Equivalent at greater than 1.1% copper and 2.5m ounces of gold from the Sabang Prospect, and Layong and Manuel Vein Systems. To put it in perspective, Cudece (CDU:ASX) has 505,000 tonnes of copper equivalent at 1.7% copper with a market capitalisation of $648 million. Sandfire (SFR:ASX) has 541,000 tonnes of copper at 5.6% copper and 600,000 ounces of gold (661,000 tonnes copper equivalent at 6.61%) with a market capitalisation of $1.2b. LIN has a fully diluted market cap of $68m at $0.24."

Could we then assume that if LIN hit these targets that LIN would probably be worth about $1.2b plus whatever an extra 2m oz of gold is worth?

What would this extra 2m oz of gold be worth to LIN from a market cap point of view?

I was reading a report on PRA before they hit a duster, and they were saying that 2m oz of gold in the ground would be worth a market cap of around $300m.

If this is so, could we put a target of $1.5b on LIN if they find what we think they will?

Am curious to hear other's valuations on what this could potentially be worth.