G'day Blokes. I like Disco's evaluation except for 2 things
1. It doesn't take into consideration dilution from options, which I am confident will be converted(including directors unlisted options)
2. It doesn't take into account the really big prizes I believe could be waiting at the very depths of this field which we will reach once money no longer is a problem for our exploration program
In other words Disco's valuation is based on too many facts and not enough hype and therefore doesn't really fit in here IMO.
Cheers B Rubes
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