The Macy NPV if delivered as per DFS would support a sp at around 4c. Any price higher than this would have the potentials factored in. At the current bear market for resource sector investors are less willing to pay for the potentials for junior miners, plus the factor that cryptos and cannabis have sucked in a lot of funds there is even less funds available for miners.
SL1 is a LT play until market turns.
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