A lot more drilling to follow no doubt, but based on the early results there will be another mine in Kambalda.
When they did the JV on Carnilya Hill, I think the mining operation from planning to startup was only a few months.
We have been saying that Mincor are undervalued for some time, given the $50m cash they have been sitting on, and less than 200m shares on offer (Sirius has ~380m shares), so I would like to see a fundamental rerate.
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A lot more drilling to follow no doubt, but based on the early...
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