Yes . Gold is the main bet. Was trying to get the whole...

Yes . Gold is the main bet. Was trying to get the whole picture.
manna should be worth:
$37.5m+$20m(milestone payment)+$20m (cost of drilling and resource upgrade paid by GL1)= minimum $77m
Plus 10.2m shares in GL1=$22m
Gold should be worth:
minimum $200m if comparing to peers and recent M&A and no risk of dilution.
Ularring can be a wildcard.
I personally made a very heartbreaking move this week and sold some of my NXM holding to top up BRB. Yeah NXM is in uptrend and BRB not but based on fundamentals I see more upside in BRB.