Their MC/EV to oz au is above the junior level actually. They are not a bargain at their present price and JORC.
However, they are running at a premium for a reason. Matket believed that their 800K will expand substantially, and the drilling that they are currently are doing in the SW sector should add many more ounces to their base by the end of the year. Just how much is a question mark.
Potential multi million ounce company, or just a million or so.
Just depends on exploration success.
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