its just not very often you get handed 800koz of high grade gold, on the plate already, where your going to spend 5m euro over the next 3 years in exploration anyway, might have by then discovered multiple lenses.
re-rate has only just started.
so at 0.5, 5.5m mc, plenty to come to reach fair value.
i can imagine that if we drilled one hole outside the existing lense boundary, and discovered a second lense, this would go ape.
note " MATSA is aggressively seeking additional sources of sulphide ore"
WFE Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
