RE:Meeka S Murchison Gold Project..same market cap as MMYAdd to the $37 m market cap of Meeks's 660,000 ounce resource, we can add at least another $10 m for the Burnakura mill and 100 man mining camp for a total Meeka proxy based value of $47 million for our Murchison assets included JORC gold resources which is about $0,15 per share.
As I have already reported, ODY has a signifucant new gold discovery at Turnakura that has all the makings of a company maker.
My crude and very conservative estimate is 135,000 ounces ..with multiples of strike not yet drilled.
Meeks's 660000 ounces are being valued at $360 per ounce which would add another ( 135000 x $360 ) $ 45 million to Murchison .
Great emerging value that remains unattached in any way or form to our current market cap.