number crunching, page-16

at 120 a tonne ago wil make a profit of 20 bucks over the life of their mine deposits.So 1.5 billion tonnes reserves and resources equates to 30 billion dollars.
This is a break up of delivered @$58 of tonne plus $55 a tonne for capital development.( these are figures supplied by the co).Also the $400 million in cash now includes 275 million in the loan facility.
happy to be corrected or enter into a constructive discussion.
PS. I am In at 1.47 fwiw
cheers