Good point,especially the grade comparison. I do think you are being over-cautious with valuing the company. Having FCF from operations for a company with this low MC is "gold" for a junior explorer looking to move to the producer stage. It derisks the larger project, both from proving and improving the processing and improves its financial standing when seeking funding for the full operation.
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- Ann: Large Potential Copper Structure Identified at El Dorado
Ann: Large Potential Copper Structure Identified at El Dorado, page-58
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