not yet but 10 dollar per oz ev i cannot help

Time to have a fun with SBS.

Cannot understand what a junior gold explorer is worth.

ZARA JV 69% of 1.040moz
That is: 700,000oz at 6.31g/t, 86% is indicated resource;

Tanzania Tusker JV with Barrick, 30% of 4.5moz
That is: 1.5moz at 1.15g/t 76% is indicated resource

Total resources: 2.2moz with about 80% is indicated resource

7.6m shares in Sunridge Gold: 7.6x1.39x1.07=$11.3m
6m Shares in Currie Rose Resources:6x.19x1.07=$1.2m
Cash $2m

At current price, almost all options are out of money.
Total share on issue: 502m
Market cap: $33.6m
EV=33.6-11.3-1.2-2+2=$20m

With 2.2moz,and 80% is indicated resources, the EV/oz is les than $10/oz