Good grief. If Ianna comes out good as per reports together with Arakaka, is it even fair to say that currently priced @ $25 million is shockingly low?
Sure, Barrick has a 65% interest but $25 million cap ??
Imo if nothing changes substantially with the Ianna deal and Arakaka delivers, this will easily rerate to at least $45-$55 mc based on evaluation against other explorers.
Great times.
Ann: Investor Presentation - September 2016-AQI.AX, page-3
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