Looks poised to move as a good proxy for POG which also looks poised.
Been quietly accumulating at the lows.
At 26 mill market cap looks sub fair value with locals having big exposure and plenty of incentive to get it right.
When they get their 58 mill capex will be quickly rerated.
Opex at the low end and happy they are being clever about a starter production which can be easily expanded per future internal funding ... that looks doable.
Want to see this get some cash in the kitty to start looking at some of them nearby bonanza grade exploration targets. Plant site will be strategically sited for such future development.
Been a while but reckon we are almost there now.
Good earner for me on first primary so happy to revisit for a repeat in coming third.
IMBOOC
Looks poised to move as a good proxy for POG which also looks...
Add to My Watchlist
What is My Watchlist?