thanks
i think management need to out in a valuation slide showing the EV/ ounces and comparing it against other gold stocks in the space. that should show the market how cheap this is...
next up the PEA, which should show a low CAPEX, high margin, fast payback project.
they should refresh the slide deck around this time as well.
i think what will get the market really interested is if they can get that indicated number above 1+ million. i know they want to drill Bondi (which I think is a good plan), but they need to upgrade the resource.
yes all this costs money and time, and you can't do everything at once. but if they raise more money, they could get on with the job and do both at once (Ie.have drilling going on in the background, whilst progressing the development for the project (PEA)).
hopefully the market takes the PEA seriously and management can raise more coin on the back of it, and do advance the project faster.
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thanksi think management need to out in a valuation slide...
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