Think they have got this call correct. Getting 1.65mil for the Yukon, plus an additional mil from either smelter or buy out of royalty, decent call as we weren't doing anything with it.
Now we have 1mil on hand, with 1.4mil guaranteed to come in, plus maybe another mil from royalty. Commencing drilling Yandal after the survey results come in 5mil cap even after shares are issued with 2.4 cash EV for a 60klm strike in yandal is low at 2.5mil.
Looks cheap, not going back to those numbers.
RNX Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
