Capex is a problem. But a big resource is a very very strong positive. You simply have to weigh up, at what price does the problem of Capex be outweighed by the value on offer due to the low share price.
With a world class resource and mining approval, this definitely has some value. Whether its 2/3/5 billion I dont know. But I'm pretty sure that its over 200 million. Even if its only 300 million, thats still a 50% or so gain from here.
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