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.
Can someone please demonstrate to me how this company is worth...
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