Correct me if I’m wrong but isn’t the resource and mining permit considered an asset? (All, not just Kat Gap) Surely they could sell their resource rights for several times current market cap. 400,000+ oz? If they fell on tough(er) times they could agree to a buyout at 0.002/3.
That’s what quells any concern of them going bust, for me.
Ann: CLASSICS GOLD PROCESSING PLANT SUCCESSFULLY COMMISSIONED, page-51
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