I agree 100% with the resource being nonviable to be backed by a finance mandate @ this stage & perhaps the main reason for the current interest in Conglo digging? The structural gold resource needs some larger widths before you define a bankable resource imo.
Comparing share prices though from a year ago requires POG as the main kicker! You cannot compare a sp of around $1300 POG with that of around $1200. That $100 extra EV for example is a big difference...
@wkimpton073 need the widths or it isn't necessarily viable digging.
Ann: Presentation - Pilbara 2018 Multi Million Oz Potential, page-12
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