An SP of $1.67 would mean a market cap of $707,746 (AUS).
Imagine a company that received (AUS) $400,000 for a little-analysed patch of land on the fringe of their flagship asset - one of THREE assets - having a market cap of $707,746.
Add to that the fact it was recently announced that Mt Cattlin's reserve is 42% bigger than previously thought.
It's not impossible, but it's also completely insane.
Chart, page-11031
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