Good to see an 8-year high!If you are wondering how high ACB can...

Good to see an 8-year high!

If you are wondering how high ACB can go then ref comparison:

ACB @ 12c = MC $104m; 365mlb's @ 202ppm

BMN @ 30c = MC $361m; 207mlb's @ 220ppm

DYL @ 116c = MC $384m; 196mlb's @ 273ppm

BOE @ 29c = MC $661m; 72mlb's @ 620ppm

Of course not all resources are equal, however consider that:
1. ACB's resource is close to all major infrastructure (road, rail, power, water) in #1 ranked African country Botswana.
2. The resource is shallow and flat so has a very low strip ratio.
3. The PFS is well advanced with significant optimisation studies completed.
4. Initial production 3mlb/yr, mine life 18 years
4. A mining license has been issued
5. ACB have $13m debt and will require a CR however this is a cheap asset regardless!
2017 Presentation