What's your estimate on fair MC at this stage of the game. We are currently at ~$110mil when all options/non listed securities are counted in. I've been using KCN as comparison - they are currently sitting at ~$380mil MC with 3.4mil oz, $39mil debt and ~$50mil cash. They obviously have an operational mine though.
We of course are fully funded through to production and the very likely potential of growing our resource to 9mil plus oz.
Ann: Statement of CDIs on issue - BEZ, page-188
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