2019tip VEC
Assumption = the deal for Adidi-Kanga gets signed then resource upgraded to 15+ moz (gold, DRC - hopefully bigger than the Kabali mine but close to it would still be a major win too). Should see some re-rate when signed but the real kick will be an upgrade and then again if/when DFS decision to mine is reached. Project is already funded to 3-4x current MC and equipment on site estimated savings to be 2x+ current MC (to be confirmed shortly after sign when they are formally audited) - environment studies and permits etc. already completed ($400m+ has already been spent on exploration about 5 years ago).
Sleeping Giant, IMO, but all hinges on acquisition being finalised (“any day now” as holders have all been chanting for months). Disc Held.
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