So we are sitting at a potential P/E of less than 1 based on first year profits. Mmm something amiss there.
I'm still stunned that they can release a JORC that is 45% above expectations with an inevitability that it can only go up beyond the already proved 40MT resource, and the share price falls. Makes you wonder what they needed to release for it to go up?
Maybe a an infrastructure deal and MOU with the Chinese might grab peoples attention?
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