Ann: Conference Investor Presentation , page-3

The investor presentations gives a fair indication of what is to come.

Investors should really look at the amount of spend the JV partners are committing to earn their % and thus can attribute a fair value to the stock.

Value of a mining shell with shareholder spread $500k min
Cash at bank $2M
Asset value $3-4M
Total Value $6.5M (conservatively)

Current market cap is $1.6M

As the above shows, we reasonably should be trading at a multiple of 2 - 3 times current levels.

Very undervalued even on a cash and shell value. IMO it is a result of little exposure to the broader market but upcoming drill results should provide much need awareness and a revaluation to the upside.

4 - 5c would be the sweet spot for this to be trading at currently