edison research - substantial discount to npv, page-11

The share price may be coming off a bit, but on low volume. If I can scrape the cash together I would be a buyer at these levels.

There are many companies around that have difficulty raising the cash for development of new mines, but every time that Gunson go out to the market they have no problem in getting the capital they need to progress the project.

That in itself should provide confidence and tells you something about how highly regarded Gunson is.