Under valued, page-253

Down 19.4% in 8 days.

$1.6B market cap.

$300m in the bank.

That $300m DOES NOT include the extra $40m from the lower sale price of Tropicana.

FY 22 forecast ~500,000 oz gold production per year with AISC of A$1300 per oz, and a gold price of A$2450 whicih means a profit of A$1150 per oz is only worth an EV of $1.3B.

Correct me if I am wrong, but $1,150 * 500,000 = $575,000,000 profit (or there abouts) next year.

AND we have McPs, a 200,000 oz pa project with a DFS due any day now, that is in the final phase of approvals with the government.

This is beyond crazy.