Can someone please demonstrate to me how this company is worth $55mil? If the assets were sold I'm sure they would go for a fraction of that price imo. Ppm in the ground only measure up to about 4c per share, when comparing to peers(see my analysis I posted a few months ago).
The market has gone crazy if a last shot at a 'company maker' thinks its worth this much. There is much better value for money around in the exploration sector imo.
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