Yes Silverman its really only the poor structure of the float that saw the shares discounted so heavily with seed selling etc..
I think the current MC is more reflective of the companies value.
Agree gold potential is there and gives considerable downside support if Mt Venn disappoints given the still modest market cap.
Having said that clearly the company could be way undervalued if assays come in positively particularly for hole 7 which looks the goods imho.
Next week could very interesting.
Ann: Corporate Presentation - October 2017, page-3
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