NOBODY here is paying up to equate KRM projects at $54m!!
There's $30m in cash, and there's a potential $10m royalties on previously sold gold assets. Assume that, and that's $40m value. That leaves the EV here at about $15m! So yes... people are assuming that the KRM projects are currently worth $15m, and I think that's under valued.
Vs IXC where the MC is LESS than the cash on hand because of the nightmares. People believe there's little to no hope there. This is the opposite. Stop trying to twist truths into lies, it's just getting embarrassing
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