Currently priced like the drilling in December has already come back with no shows of pegs even and Dr Warren comes around your house and give you a good beating to go with it.
Jokes aside this market is so brutal that a company with some good land in hot locations are priced well below what an empty shell waiting for a vend in would have been a few years ago. probably some empty shell out there at or above our MC. All that is to say, there is going to be some serious money made in junior mining stocks that can 1.stay solvent 2.find an economic deposit over the next year or so. RvR here is good if you have position sized well for your portfolio. downside is 100%, upside in some of these explorers is going to be many multiples from these depressed level. hope we can find something undercover in JB and although not looking great at the moment the ord basin in itself is a company maker (pegged in by twiggy). spread your bets and good luck to all.
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