Just letting it all unfold. To be making such good margins from an operation thats currently really small is impressive.
Just waiting for the announcement where they exercise the option to take 100%, scale up, drop the opex even more and expand the inventory available while they're at it.
White dam could produce enough cash to justify current market cap without giving any value to what's in the Drummond or any of the other JVs which are also promising to say the least. Looking a very cheap acquisition but PR and his team are looking the goods and doing what alot would have to outsource.
Not many explorers in the position of having free cash flow with the option to expand that to fund activities and the build over in the Drummond. Keen to see what unfolds and happy to get some at 10c!
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