There's definitely potential for long term success and significant upside esp if exploration yields new mineral rich areas. The 2021 presentation on Rupice had an NPV of 1b USD which was before the 93% MRE increase just recently. And its very likely that Rupice West will result in further material MRE increases (Noting that zinc price has come down)
Key here is can they deliver on the production and get that cash flow coming in.
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- Ann: Rupice Northwest Exploration Growth Continues
Ann: Rupice Northwest Exploration Growth Continues, page-14
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