splashy,
Have you spent any time working out a "value" to JRV, even if they do start producing next month?
Sure, they'll make some money from the gold production but a lot of that will need to be used ofr further exploration. Then there is the matter of capital costs once they decide to expand the Bullabuling jv.
Got to be honest and say it's very hard to see any significant upside in the near future for this one, IMO
Good luck though.
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