Perhaps when the company actually produces and RELEASES to the market a credible DFS we will be in a better position to undertake a valuation of te company.
They appear to have handled the permitting process in an exemplary manner....but unfortunately the same cannot be said for the manner in which they have gone about the DFS study.
They must be getting close to finalising te initial resource estimate at Karoo (non JORC)...dare i say..IMMINENT.
some company value calculations, page-63
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