Sorry now MC near $30m with approx $21m cash after asset sale and so still cheap at EV <$10m when comparing with CXO, MZN, PSV etc. Remember we are getting some good grades out of portugal and once market start taking notice and show some appreciation flushing out 20-30m shares isn't a big deal while we already seen selling of 10-15m of these in past 3 days.
Just need couple of decent broker/small fund managers to take sub position.
Cheers
J
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