Ann: Acquisition Offers Potential Increase to NAL Resource, page-52

The aquisition adds to our narative and makes sense on paper certainly. But in terms of adding to our current valuation the entire MC of Jourdan is only around 20mil, so even if we tacked that full valuation onto ours it'd equate only to a 1% gain for our SP.

You could argue the claims are more valuable in our hands than theirs sure, and the sooner they fire up the drills and prove what's there the better, so i'm not breaking out the champagne just yet.

Excited to see some activity on the aquisition front in any case. They continue to paint a picture for prospective investors which can be quite powerful. If they can spur a bit of FOMO amongst retail then the shorts may reduce and it'll be off to the races