Ann: Auric Banks another $1.3M, Total Cash now $4.77M, page-15

Morning all.
@fitnfam
I will raise a glass to your post mate and agree with those comments.
Here is a link to the Canary assessment.

https://unauthorised investment advice/resources/canary-capital-sees-solid-upside-for-these-gold-and-health-stocks-for-2024/


Here is also an Excerpt from that report that I think the rest of the market is not looking at.
This is the potential of the GP sensitivity for the Munda project.




The sensitivity is also effective at Jefferies Find.
So that means, the required capex for the commencement of Munda, Is not only met, IT IS Exceeded.

I am expecting to see the red oval surrounding the price of $3000 move to the RHS and end up on the $3400 GP given the current sentiment for gold.
We know what that means.
Small projects?
Yes they are but we have some very good chance of growing the inventory at Munda and we have some muscle to acquire more projects.
This is a small producer with exploration upside and NO need to raise capital.
It is also leveraged to the gold price with smart board members.

I was lucky enough to have my old mate Shamer bring this to my att at low 7's.
I grabbed as much as I could before it almost doubled within a week.
You get lucky sometimes.

Watch this space.
Kind regards, Wack.