I agree, if there is enough copper in the ground to justify a...

I agree, if there is enough copper in the ground to justify a mine, I would like for us to maximise that value, we don't want to be a 1 trick pony with 2 flagship projects - as in we would then only have X% of 64 North and X% of Wollogorang.

As for the value attributed, you could almost argue that there is very little value for each project.

$11.5m MC
$1.5m in the bank
ASX shell = $6m
Equates to about $2m value for each project.

There are a lot of companies on the ASX with a lot less going for them with imminent news and much larger valuations.