100% agree here re the next steps. Once they prove operations and cash flow positive it will go into SK UG.
From there the focus should be just drilling like crazy and resist M&A and fancy stuff because i gurantee at the size the Company will be they wont be the only ones looking at whatever it is. Cost of discovery will be cheaper than cost of purchase (which is likely to rerate is A$3,500 is sustained)
Ann: Company Presentation - 121 Conference London, page-13
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