CHN ran to $3bil on exploration stage with very low grade results but a massive resource.
We have Super High grade and a massive at surface resource.
CHN in ground value at the time of $3Bil evaluation was around $70bil.
3bil evaluation is 4.2% of $70bil.
im pretty sure our inground value is alot higher than CHN's. We have plenty of room on the upside to go.
1b is cheap at the moment, no doubt 3b will look cheap once MRE and mets have dropped.
General discussion, page-5667
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