RE: Creswick22 Apr 2021 22:28
I think I understand what you’re trying to ask, and yes if Craig and team JV out Creswick and they find a nice sized deposit of 2-5moz then it would be worth a considerable amount more than where we are now, however with a JV you lose equity in project so that would have to be factored in. Industry standard is circa 20-30 percent, others may wish to correct Me.
I certainly wouldn’t write off Baileston or Tambo yet though. They could hold hundred of thousands of ozs of gold respectively and possibly even millions if we get lucky.