$?Bill in a ? Life mine, page-26557

Mate $14.60 is HCH at max NPV yet we all know this company is miles away from mining anything and/or being revenue positive. Let's be realistic and say HCH is currently worth 20-30% of NPV which should give fair SP value of $2.92 - $4.38.

But, I'm fairly certain the market is fully aware that management have proven they're incapable of delivering anything on time or within budget, so that probably supresses the above SP calculation by another 50%. So minus 50% based on the HCH shitfuckery factor I estimate our current fair SP value of around $1.46 - $2.19 as shit as that sounds.

However, it really shouldn't take much to lift those percentages, and you'd think with water and power licences granted that management could finally move on with (1) securing some financially binding power/water agreements, and (2) get the farking PFS completed, then (3) wrap this up so everyone, including MB and other early investors, can finally make a decent return on our investment(s) without having to sell into an illiquid market.