Morning,so between 2000 to 2200 oz by my Calcs or $7m plus yield...

Morning,
so between 2000 to 2200 oz by my Calcs or $7m plus yield for the first 40k of ore and another 9x that to go with grade increasing at depth
$3.5m a month,yielding $1500 an ounce free cash to split
2000 x750 = $1.5m near enough monthly income for each 40kt of ore..
So could be $15m for Aurics share once Jeffries is all done and dusted if gold sits at $3500 and THE GRADE IS LOW.

As Wack says wait for Munda and then I say wait until Munda's pits done and they do some more drilling 35m below where they have mined to,where they specifically limited their exploration depth this time around.

I like their operational formula of using a minimum cost expenditure for pit resource definition for a profitable campaign.
The big boys just have to drill deep at more expense and quickly to keep years ahead for mill feed definition and to keep their equipment busy.

Munda grade control results are due soon.

IMHO I don't see us being fully valued yet.