GRY gryphon minerals limited

has anyone got any clue as to what is going on, page-5

  1. 3,827 Posts.
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    GRY may be cheap but with $300m to raise and spend on plant its mkt cap is effectively $550m with production years away. How can it be worth 4x NMG which has more reserves, similar resource size, plenty of exploration upside and production just underway? Something has to give in relative valuations.
 
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