AOP deal with RMS is the most recent and comparative benchmark. Our project is more advanced then theirs as they were just at the resource definition stage.
going rate would be around $150-180/oz pit constrained resource.
We haven't reported our resource with any pit constraints. But usually it's around 65-70% of the global resource.
So 2.16Moz x 70% = 1.52Moz x $150/oz = TO valuation range $228mil
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