Have to wonder how little ol' Astron Corporation managed to pick up the Donald Project - with a net present value of $2.2 billion - from the mighty CRA around two decades ago, for a mere pittance.
And this NPV doesn't even ascribe any value to the Jackson deposit (which appears to be of the same order of magnitude as Donald) that was also part of the CRA deal.
What's more wonderful is that we could be seeing a share price many multiples more than the current 73c should everything go to plan over the next few years. So far, everything has been.
The market can only re-rate from here IMO.
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- CRA got its pocket well and truly picked
Have to wonder how little ol' Astron Corporation managed to pick...
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