If you look on Bloomberg the market cap for this stock is 40 mil, some Aus sites like comsec dont include the 50% stake Havilah has, maybe the shares are in escrow or something but should definitely be included in market cap.
I have a seperate issue with this announcement, I dont think its that out of left field if you look at what Havilah are trying to do with their Portia gold deposit, same management doing the same kind of thing. I'm not being critical, its good to see a more innovative approach, but doesn't necessarily mean that much in itself. There's a guy who has posted a lot on Hav and CUY and been very positive on both, would be good to hear your thoughts
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