Batboy imo you simply can't see reality at this end of the ASX
Many or a select few will always make money with cash burning specs - but will retail investors rarely do imo
IMO
Please do your calculations on this elusive 1000 ounces per month figure after AISC and running costs ???
Remember 1000 ounces per month is a 900% increase from current figures
What valuation or market cap would you expect if this elusive figure eventuated - remember share registry could soon have over 4 billion shares if a CR takes place at .2c or thereabouts IMO
Cautious approach imo is wise like SJB has now taken
DYOR
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