I reckon Manna was a great Deal with 2M drilled cost and 90 M cash in 1 year. Bombora so far is 64M$ cost (at 40$/ounce) and delivered EV ~10M or less. So it's time for the new CEO/board to put the cash at work and unlock the value of the company. Macro on gold is not helping but that can change very fast as always the case in these macro rotation. We have seen rotations from growth to energy and battery minerals fever. When is it time for gold?
BRB Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held
