re: Ann: Interim Financial Report for the hal... In the current market, there is only downside from $120m for a gold explorer.
RDR has a MC of $77m and is producing. I could list a number of resource companies closer to production than ABU than have substantially lower MCs.
If you look at it this way, ABU may reach actually production and still have a similar or lower MC unless sentiment changes.
Ann: Interim Financial Report for the half-year e, page-104
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