Lol Frest. EV/oz's you want lower mate. A company's valuation increases as the EV/oz ratio becomes lower as the Resource increases & of course, grade gets incorporated into this equation. Think I know what you meant though, profit per oz? Absolutely but we'd be talking near triple that in $AUS without even going over figures I reckon. Those poor bastards that sold out hitting the exit door like a Bull in a China shop will regret it although, they may have made a quick profit. Thing is, with these Hemi zones increasing in both footprint & grade, it de-risks our investment here all the more. They'll have to pay more to get back in as it is difficult now to imagine it getting back to 60c (never say never I know) but, with assays due again & so much drilling (also rigs being added) so, drilling stepping up the momentum, things will get hotter & sp will rise. Let's see where we are come Aug!
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Lol Frest. EV/oz's you want lower mate. A company's valuation...
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