Even if drilling at Windallah is unsuccessful. BYH would still have a EV of $20m, based on the following:
Manganese JV - $5m
**anintha - $10m
Tumblegum - $4m
So the downside risk is low with the current EV at $7m.
IMHO
Even if drilling at Windallah is unsuccessful. BYH would still...
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