Ann: Half Year Report - 31 December 2020, page-62

Analysts don’t price it fully in and the share price is still below the Canacord valuation which doesn’t take into account current metal prices. The market not only doesn’t price anything for Hillside, as Thalanga is valued more than current share price. And there is 10+ years there per management. There is also no value on a possible top 10 global Indium deposit. I agree with BL the bigger threat is a low ball takeover and gullible shareholders take it. I’m more worried about that than Hillgrove and whether it is worth 50 million or 500 million. Somewhere in the middle is still a lot more than the value currently ascribed by the market.