I originally had a valuation a long time ago of 15c, and I only half understood the resources we may pull up. My valuation was based on a RED buyout.
Obviously things have changed with Tarcoola and the spin off Mt Monger, I do value us a little higher with a KOTH next door and proven results flowing in,. How wide are we already yet more to come. Our other JV leases are doing great, again next door to producing companies.
Am here longterm due to the shortterm progress keeps keeping on. A lot of people don’t take into account our great holds and neighbours.
PS mentioned milling capacity at a recent SH webinar. The mill capacity at RED could easily take more. He also mentioned, RED have not approached the company yet they continue to have dialogue.
Either way you look at it, we can mine our resource which is only going to get bigger, or sell it off. That itself is two great options for us SH’s.
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