jorc, page-17

From www.pngindustrynews.net
That was back in September. Read last sentence. Bring it on.

Promnitzes, promnitzes ...


“As the news flows in from Mt Kare we will reach a tipping point when people will see that this project will happen and we will see a significant re-rating of the stock.
“At the moment we are trading at about $35 per resource ounce of gold in a market that tends to be paying more like $135 per ounce.”

And Promnitz is confident the company now has the foundation in place that will justify a stronger valuation.

“Often smaller companies are more agile to deliver these more challenging projects because they’ve got the capacity to be flexible and adjust to the outcomes of a feasibility study,” he said.

“We can adjust to suit the parameters of Mt Kare and, while we have set an aggressive timeline to deliver a feasibility study, we are on course to achieve that.”