Ann: Quarterly update and outlook - September 2022, page-59

My previous post to this thread shows the value at Peak, along with Federation having also somewhere between $3-4 billion of metals for the Hera mill is the reason I was bullish on the company. That we allowed others into these resources at 43c and for the addition of around 400 million shares is why I reckon existing shareholders were given a bad deal when Dragues was purchased. We had at the time, no debt and around $100 million cash. Now look where we are at. It is disgusting. We were just a few months before, 64c a share and worth over $500 million MC.