That's fine WA - you know it, I know it but it seems the market just doesn't get it
All very well & good for there to be $12m in profit but it ain't profit until its out of the ground & that is just not happening because of Native Title delays. Bit like the "old days" when the cash wasn't in the bank until the cheque had cleared
So, still in the ground = $0 profit & the market is flogging the SP because of that
The company should really go & look at mining Lydia & Abbott's if possible where they have mining leases already because it seems like a year (it is probably less) since the CP native title application was lodged
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