Not necessarily .
0.3c CR overhang being cleared / by coming out of under radar.
The project earn in rights remain with WFE , outside of if what directors need washing at some point.
I don't think that the penny has dropped there by those suggesting we should be priced at 0% ownership .
We have to spend the money anyway . As does any explorer paving it's way. And when we are done we may have a 2-3m oz resource .
How we pay for that ?
If I said to you that you had the rights to an 800koz resource and you had to raise eg 2m instalment , but that money will be used to prove up a 1.5m oz resource , and further later on raise more money to prove up a 2-3 moz resource . ? You don't think the valuation will be rising along the way ?
We have rights to earn in 800koz now in hand - irrespective or when we pay for it.
If I sell you my car for 6000 dollars but there is a gold bar in the back seat worth $100,000, do you think you will have any trouble raising the money ?
One question . Can the court case on individual directors diminish the rights for WFE shareholders for 800koz ?
While your waiting for the outcome on directors , the market will be valuing this on its merits with if necessary a director wash and irrespective - drill drill drill.
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