RE:RE:RE:Sean Fieler - Equinox Partners ....could argue that the "old" reserve grades/ore produced was offset by Gold going from $1225 to current $1791.666 Au; ie net debt free. Where as yes the newly identiified and unidentified (drill,drill,drill) high grade ounces gets blended at +$1791.666 Au; ie MASSIVE Free Cash Flow going forward!
Sooner or later the Gold Majors are going to bump the price deck of Gold for NAVs. Guessing later after the bulk of the M&A activity is over with!