Price of gold, page-3

Even at $20 poz in ground (usually inferred value) and 1.4moz gives a market value of $28m. As reserves and indicated the value is around $200 p oz or $280m.

The combined market value of gsr and hrz is a lowly $37m.

This does not account for maybe $50m of declines ventilation and supporting structures.

What gives with the market valuations here?

The AISC of both shows positive margins at a sell price of $3200 aud so why no decision on proceeding to mine?????