share price valuation

A poster asked me, based on my model, what the NPV of OZL shares should be.

Taking the data from the latest full year results, the sp NPV is $1.38 (based on a 9 year mine life and P Hill u/g and taking into a/c the tax credits). I have excluded Cambodia Gold (no data on capital exp, prod costs or prod targets).

Cam Gold resource is due next month, that may provide some insight into costs. If appropriate, I will update the model then with that new data.

HT1