Its still a high grade hit and at depth and they are in the right zone. I think the sp was undervalued at 2mil mcap with 1.7mil in cash and drilling going on. Even with the gain today of 150% only gives it a mcap of 4.5mil which is still tiny.
They have the cash to drill deeper and around that hit and if they hit similar grade at deeper could see the SP gain another 150% - 200% which would give it a mcap of around 7-8mil which is also tiny.
Its good risk v reward and dyor.
DUN Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held
