I've taken an unusually large parcel to not sell till we hit 10c+ simply because the management now have a track record of actually executing. The JV has actually started producing and we should have an imminent announcement about full production soon. We have strong NEDs to drive capital raise for Maniry once approvals are provided. This is currently a gem on the microcap ASX space with a management team who deliver results and not just talk. It's only a matter of time the wider market catches on which by that time, it's already too late. My current state valuation is ~$15mil for Maniry preapprovals and $15mil for the JV pre confirmed cashflow (I say pre until we see it on the balance sheet). 30mil base case valuation is still 2x from current SP....
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