GOLD/SILVER PRODUCER --HUGE upside Vs low CAP, page-67

@precis
@line of cobar
@Squidfingerz

Hey folks

The IPO of our Cobar neighbour seems to have gone well...

As usual I'm on the financial and TA side of the equation. Looks like balance sheet is looking alright after IPO and for a year or two. TA is starting to get traction. The promise to repay the 24m debt entirely from cash flow in 12 months gives me confidence.

Operationally I might need to ask your local knowledge on these two operations, please...?
- Mt Boppy Gold at 44,000oz Au grading 3.13g/t (of which 31,000oz Au is in reserve status) is on the low side and looks to be 1 year worth of LOM only if they are targeting >32,000 ounces of gold per year.
- Wonawinta Silver project, with 52m oz JORC compliant silver resource grading 42g/t Ag; looks attractive at current prices.

Thanks in advance.