What a time to be alive, and holding a junior that's about to become a gold miner.
Gold price about to hit the $5,000 target that a few posters have predicted on here (in AUD - let's not talk about USD price getting there).
Free cashflow from just the initial 20,000 ounces at the Star, at the current gold price, equates to $57M+ (management target is to have 100,000 ounces by December).
Current market cap is $65M, with cash of ~$12M (excl SPP), giving an EV of $53M!
Yippee-Ki-Yay!
GB.
View attachment 6914847
(20min delay)