One word....Rerating.
What's even better is there's plenty of action to come next quarter to bring it home for xmas.
Results from PFS at Mkushi Copper Project including updated resource estimate to be released next quarter. Keep an eye out for an upgrade.
Results from soil and trench sampling at Segilola Gold Project to be released early next quarter. A 10,000m definitive drill program also scheduled to commence.
Masbate Gold Project is progressing well. All key permits have been received. Awaiting final debt financing approval from BNP Baribas. Construction contract awarded to Leighton. (They didn't sift through the classifieds on this one!) 5moz gold resource including 2moz in reserves with great potential to increase. Approx. $40m in the bank.
How can anyone not get excited?!?!?
EV/oz at $1.09 is still under $30 and this does not allocate any value to Mkushi or Segilola projects nor any of their other interests! Still plenty of room for upside. should be well supported over the next three months with announcements on all three projects!
Would also love to hear what others think.
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