Great presentation.
Everything on track for first gold pour in Jan (perhaps early Jan).
Pits already being stripped, ore piling up on the ROM pad.
75% done with refurbishment.
All for an E/V under $200m AUD....
With tax losses of over $300m.
All I can do at this stage is just repeat the same logic for this being a very simple acquisition for current producer, that is likely getting 2/3 times the valuation for a similar production facility/asset.
Ann: Annual General Meeting Presentation, page-2
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