sentia, the ceo was travelling to Sellheim yesterday, I don't know what the trip is about but hoping on his return there could be a market update about the gold mining progress.
The alluvial gold nuggets when added to the JORC resource they have reported could well be some good value given the conservative estimates and the appreciating gold price.
What was last reported? about 16,000 oz from memory? at say conservatively $400 net profit per oz equals $6,400,000 and I think that's without the gold nuggets in the alluvial sediment they have briefly mentioned.
Bit of a stab in the dark with gold though.
At least there will be a flow of income shortly.
:-)
market depth, page-17
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