Outstanding Bawdwin Starter Pit PFS Results and Maiden Reserves Statement, page-64

Kalenn You might well be one of the exceptions and as you say $30,000 per I million options is not a lot of money although I think there might well be some less fortunate than yourself. FWIW I calculate that the in-ground value of the Bawdwin resource stands at roughly USD 18.5 billion using 94 MT. Naturally we all await drilling results at ER Valley and Yegon Deeps with interest and hopefully this in-ground value will increase substantially with a good copper resource.