To me it was a $50m deal with upside. If we could pull off a similar deal with our other non core asset (Ularring $50m +) then there's our market cap which values our gold at zero. Potentially a 1.7m/oz deposit from surface free carried packaged to either take to production or sell under the right conditions. GL1 can spend 50m plus drilling it and hopefully they hit something large as we'll both benefit but if they don't it's no biggy.
BRB Price at posting:
28.5¢ Sentiment: Hold Disclosure: Held