took a nice slab of these through the IPO & will be looking to add more below 40c - if the opportunity arises!
at 40c the MC will be $22.6 mill with an EV of only $14.6 million (after cash of $8million)
That's still very good value for an explorer headed by a highly regarded MD with drill ready projects in proven WA gold addresses - some with juicy historical hits!
really is a standout IPO offering strong growth potential over next 12-24 months IMO
Easy to see why it was so heavily oversubscribed and definitely one I will be parking in the bottom drawer for quite some time
Ann: Top 20 Holders, page-10
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