market cap and cash on hand, this has an EV of $3million, for what they have it makes no sense at all, far greater chance at getting a higher percentage gain in TTW than one that has a mothballed mine meaning they have had no income are likely at a low share price and will have to issue a huge amount of shares to get the capital required to restart the mine.
Ann: Acquisition of advanced high grade Ni-Cu sulphide projects, page-59
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