Absolutely agree with you - $14m in cash and the resource in the ground means the total is worth considerably more than current MC - but only if someone is prepared to get it out of the ground. And that's seems to be the rub. Let's see what happens to the SP when they advise in the PFS they plan to do just that.
As a navel gazing exercise I've found it very interesting to watch just how 'illogical' the market is in respect of this small cap though. Its been a good lesson to me, and there is money to be made on just the disconnect between how this stock is treated compared to what would be considered normal market sentiment in a similar situation, but on a much larger (MC) stock (if I had bothered acting before it dropped below 20).
Still, in the scheme of things, 6 months (before we get some more $$ sensitive news) is hardly a long wait right?
Absolutely agree with you - $14m in cash and the resource in the...
Add to My Watchlist
What is My Watchlist?
