Does seem fairly cheap given the projects that they have. $4.4mio in cash so an ev of only around $4mio for 2 projects targeting Nickel, Lithium, Copper, Gold and PGE. The cash burn is high so they will need to start to show some results from the drilling before the inevitable cap raise but at this level the risk/return starts to look promising.
All will be revealed in the coming weeks as assay results start to be released. Good luck to holders
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Does seem fairly cheap given the projects that they have....
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