na, neither 100m nor 600m. they’l sell close to it’s NPV. circa...

na, neither 100m nor 600m. they’l sell close to it’s NPV.
circa 10-12c area. While the sp has gone down & diluted, company is in better position than 2 yrs ago.

they’re waiting on toll agreement (which has taken longer than expected) to start the chain reaction for debt funding.

every other gold spec has seen a similar drop tso, lcl, wwi, mzz etc are all 1/10 of their sp from 2020-21 highs (even largecap producers are 50% off their highs).

until toll treaty comes through, we’re basically on standstill. Cecelia update & uranium will have brief impact but toll is still the key.

> $100k MK spent to add to his holding at 3c in rights issue wasn’t to take a 20-30% trade at 80m mcap company sale.

if pog goes 1200 of course most of us holders are in trouble but if it goes back to 2k area should be better times.