Fair value would be ×2 our current SP. But, l add the caveat it would be extremely short sighted in view of where near and medium term gold prices are headed. The big players are cognisant of this and will happily exploit short sighted greedy shareholders with limited vision. Just my opinion based on what looks like a decade of double digit inflation heading our way.
Ann: SLR: Silver Lake Acquires Red 5 Shares, page-106
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