BRB 0.00% 47.5¢ breaker resources nl

To cheap, page-2

  1. 18,483 Posts.
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    I've noticed Tony Locantro seems to give a back-of-envelope valuation of $40m per moz (undeveloped) for goldies.

    So if you used that as a rough guide, the market is currently assuming a resource of around 2 to 2.5 moz, which sounds about right for what they might reasonably have at this stage (ignoring the 'floating in space' intercepts which require much more work).
 
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