GGPChat

It's down to the increase in number of shares. As part of the deal to buy Hav/Telfer the number of shares has risen from ~4bn to ~13bn

That increased the market cap and also on this chart any change share price will now have a bigger effect on total market cap

Here's a formatted copy of the table
I'm not sure myself about the assumptions and valuation methods, so I'd appreciate any views or insights too

Based on this mornings news update, Telfer could be good for another 10 years. Plenty of time to get Havieron up and running

Telfer gold resource - 3.2M Oz
Initial mine plan production - 374,000 Oz over 15 months
Gold mine life - 3.2m / (374,000 / 1.25 years) = 10.7 years

Cheers Liam

I always appreciate these, as well as everything else you have done for the community

Thanks Liam for all the hard work setting this up