Hi Dogon Not sure of your maths : Kainantu : 1.84 million ounces...

Hi Dogon

Not sure of your maths :

Kainantu : 1.84 million ounces at 11.6 grams per tonne gold equivalent and an indicated total resource of 240,000oz at 13.3gpt gold equivalent."

Frieda River : 2.7 BILLION tonnes of mineralisation at an average grade of 0.23gpt of gold = 19Million ounces Au and 0.42% Cu containing 12 Million tonnes of Cu.

The "annual" output for Frieda exceeds the "total" indicated gold resource for Kainantu by 4% and Frieda has a mine life of 17 years on current resource estimates based on the published Study data.

Add in 12 million tonnes of copper and I think you could safely say the "One that got away" was small enough to be bait for "the One that did not get away".

But at around 6 to 7 cps given the other assets , I'll let you work it out.

Cheers

My opinion only , DYOR.