significant upside, page-32

i'm having a stab,
from the bankable feasibility study, the project stands up at $925/oz.

93,700 oz per annum over a 7 year period minimun and a revised pog of $1500 = revenue of 140 million per annum.
at the current spot price of $1872 = 175 million revenue per annum.

confirmed extention of mineralisation 450m to the north, high grade plunge below orebody and recent high grade results all not in jorc.

depends upon ones view of the pog going forward...i'm in.