Show pony, page-14

Interesting how everyone seems to forget the market excitement over musgrave out in the middle of nowhere and having massive energy costs.(what market value are they placing on Musgrave ? )
Aston has a massive resource once you get over 2KM and they are estimating 6.5KM plus and you think market cap around 80-90 Million is over priced.The mathematical formula is the same one everyone uses (strike*depth*width*specific gravity) will give you gross tonage times grade and then the % Liberated
The market may not believe or sceptical therefore reflecting current price,but dont think for one minute this is not ridiculously cheap.
Sorry forgot the gold probably 1.5-2.0 Million ounces on my back of envelope calculations plus potential further 10Km of strike

Don't have to like the company or the management but you cant avoid the maths and sooner or later the maths always wins !!!!!


DYOR