Three and a half months have elapsed since the 31 December cut off date for the estimation of reserves and resources. I am assuming that given that covid restrictions seem to be easing around the world that Medusa would have wider scope for more drilling. As of the same cut off date Medusa had close to $100M Aus in the bank. The total enterprise value today in accordance with the share price is $169M Aus. Go figure. DYOR
Three and a half months have elapsed since the 31 December cut...
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