I agree having good management goes a long way. In the Lit space, GL1 doesn't have the best resource, but have fantastic management, they are only down to 1.04 now because of global macro which is out of their control, but their IPO price was 20c last year.
On that note CLZ probably shouldn't have divested on their lithium, and have been more open about it in the last few years, as it could have attracted a bit more interest when the market was in better shape last year, maybe it would have taken of the selling pressure, who knows? People were going crazy over just rock chips not so long ago.
But if CLZ can find and mine 1/2 or even 1/4 a milly oz gold then surely a re-rate must be on the cards?
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PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
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