Though the 1.1c price level caught everybody by surprise, the...

Though the 1.1c price level caught everybody by surprise, the fact that it was kept super tight means the chances of the sophs flipping it quickly are less.

If we look at this project, its location and the fact that CSA Global gave it the thumbs up after due diligence, the first exploration phase results will be very interesting.

http://www.csaglobal.com/our-principals/

CSA Global looks to be really well respected with plenty of experienced personnel.

Simon Dorling seems to be the one chosen to be the representative for the project as his name is mentioned as CP in the announcement.  A further workup on his name and you will see he has extensive experience and vast knowledge of the DRC.



If one looks at the medium term prospects of this project, it is likely that the EV should be higher than current levels of circa $5-6M.