Ann: Matilda Mining Approvals-BLK.AX, page-8

Pretty Bullish.

Market cap st $122 million. On a very conservative estimate, assume all goes well, BLK could be producing 100k ounces in no time- making a margin of at least $300. So Free cashflow of at least $30 million should mean a market cap above $200 million.

I think the broker reports pointing to around 85c valuation are on point in this instance. Time will tell. Loving the chart setup at the moment too. Looking to push higher.