The lack of noise here is a plus - is way under the radar. In days gone this could be mc of anything from 50-150m - of course those days are but a distant memory hehe.
Note the funding is with NAB - not some dodgy lender of last resort. I never see this before with a small mining stock. And they have locked in the price with hedging - would appear to very de-risked.
Of course I am but a mug punter - wish someone wiser than me can explain if something is wrong with this simple analysis.
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