BF. Risen back to 'normal' levels. As your stated, drilling programs are due to begin very shortly.
I initially bought in for Mount Gibson, and am very bullish on its prospects. Its a company making, multi-bagger project on its very own.
I definately wouldnt sell your options. They have ages to run. If they JORC up 150mt, then sell project to Chinese (as they will; they speak to chinese ongoing), then they will be worth $0.50-$0.60 on their own.
Only 100mn shares on issue.
A sale price of $70mn for 150mt magnetite = $0.70 share price on its own. Options thus $0.50 plus Kattining (Hemitite and very high grade vanadium) still in the kitty.
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BF. Risen back to 'normal' levels. As your stated, drilling...
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