May pull back a bit but this is re rating to 60c then $1, which is bugger all market cap for what they have.
I've been conservative on the mine life.
4 years mine life from Mt porter, Mt Porter south, Mount porter north, golden honcho, golden slips, golden sierra, golden amigo, golden senorita and the deposits go on and on.
All the red dots are high grade deposits, hardly any systematic drilling on the tenements around, seems every drill outside mine plan coming up with gold.
Its $9.5m to $11.5m on A$1,700/oz. currently $1,780/oz, I'm working out about $17m net cash year 1. starting next month.
AHK Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
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