12 months ago they had 30m/lbs
12 months later they have 50m/lbs
Then the 'greenfield' Theseus discovery which could be "22-44m/lbs".
Without any further acquisitions that's about 100m/lbs.tops.
100m/lbs is their short term target:200m/lbs is the main focus(tier 1 company,maybe).
I think the significance of Theseus is flying under the radar,atm,the alliance with NTU could show some surprises down the track also.
Then there's more exploration on 'greenfield' sites and/or
more acquisitions.
Suggested expenditure for his qtr' is 7.5m which still leaves $7-8m.
DYOR, that's my summary.
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