When they finally released their DFS in the prospectus for the...

When they finally released their DFS in the prospectus for the 80c rights issue using all the best case parameters including selling NCU , Cobalt and magnetite - I did a more conservative valuation model and came up with 20c - it hit 23c in July last year and again today its traded at 25c - My current valuation has fallen to around 10c which is probably still generous - Way overpriced at 25c ( IMO)

As always I will be interested to read the financials for the December quarter due to be released by the end of the month - the revised "Ore Reserve " due next month will also be eye opener !