Plenty of known positives yes. The rest is in front of us. Hence the ~300m FD MC.
Scale appears to be there, still a lot of upside for both projects. Needs more drilling, studies, reserves, modelling. Look at Cardinal pre TO. Was trading well below this with 5moz reserve, single OP comparable jurisdiction.
Time in the market will make you money. If punters wanted it all now, jump at shadows, constantly doubt the fundamentals after doing the DD, then they're in the wrong game.
Wouldn't be surprised if we see a major on the register in the next 12 months
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