Not trying to steal this question from him to answer it - but I assume it indeed was the SS project. The NPV of $300m was at the rate for base metals stated in the statements (can't recall atm and doing an assignment). But from my call with Anthony, he said the current NPV today is between 400-500m based on current prices.
So that is a huge positive. Imagine when that is all recognised and the cap increases. It'd be a bit silly to sell off, especially if there is gold. I mean we're invested in a mining company, right?
The risk is already high enough, why not yield the same risk with potential gold findings? Investors (like tcf, perhaps) will more than likely sell off if they can't be bothered waiting long-term based off their perspective of the board and assuming no gold is found. That's my idea on it all.
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