PXG

I was reading ABU's presentation. I noticed on its EV/OzAu bar chart that PXG's gold is only worth less than $5/OzAu. Is this really correct? Of course, with such value for money, I put a but on PXG. I don't have much cash so if this transaction goes through, I would have to sell something on the same day. The options have a premium, so I will leave them alone.