GRV is going to re-rate so hard when those JORC numbers drop @detonate. The market clearly needs data it can sink it’s teeth into, and based on the information provided by the company to this stage, the value proposition from Alpha alone provides a compelling investment case. Revenue of $100m per annum gives us a solid starting point, and when applied to standard industry p/e’s gives you a good idea of fair value here - I’m not typically not one to throw around wild price predictions but I will stick my neck out and state it’s a long way north of where we finished today at 34 cents…
GRV Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held
