Sounds like a valid assessment. It should also tie in with the release of the scoping study which should place a realistic and justifiable valuation on Ironbark.
According to management and my own analysis the scoping study should show a valuation on Ironbark which is significantly higher than our market cap, for an asset that comprises only 100,000 oz of our total resource. Add to this another 900,000 oz approximately when the revised MRE comes out plus all the new targets they have defined and should be no reason we can't go $0.10+. If AP is smart, the next CR will be in the teens.
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