I’m sure @8horse or one of you have already done the maths and...

I’m sure @8horse or one of you have already done the maths and posted your opinion on this already but I can’t find exactly what I’m looking.

In relation to our peers (LKE) it is obvious we are undervalued but that aside, as a profitable business are we really that much undervalued?

If we were to be taken over for say 400/500m, an additional 400/500m would be required to take it to production. That’s nearly 1 billion spent before even 1 dollar is earned. I know that still means it would be paid off in approximately 5 years but a lot can happen in 5 years. Good or bad.

Also, Is our resource really 100% confirmed either just from a few drill holes? I’m not sure. Surely It must be a bit of a gamble from a take over point of view.

Im not being a negative Nancy it’s just something that’s been on my mind.

Would love to here other people’s opinions without being completely slaughtered.