Ann: Beacon Doubles Resource Inventory, Mine Life Extended, page-34

LW.. would you not say the mill is 10mil.. and the exploration tenements might be worth a mil or 2
meaning the production is only priced at 115m or just under
could be argued that its factoring in timeloss
but im more inclined to say we are running undervalued because we have had more supply than demand from our registry in the last 12 months
when that flips we will probably overshoot and then come back to fair value.
I still think we are too small to be a T/o target just yet
We also are still in a holding pattern for PoG.. will it crash to 1500 before a run or will it run from here?.. so the whole sector is suffering from risk off til PoG shows its hand, to an extent i think that is slowly changing and people are starting to take some positions