Dunnycan. Institutions are never going to invest in small gold miners no matter what. Spending money on increasing the JORC would have made no difference. Its the gold that exists outside the current mine plan and the higher than called grades that can increase the value. Already the envelope containing hi grades is 4x the vol of the JORC resource. The grades have been 3x higher. JORC 70K x 12 = 840K ounces. Try that for starters.
Yes, only concern is what mngmnt will do with the cash.
favourite pick, page-11
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