80m on issue, roughly 5m at 6.5c
cash 2m,
investment worth 3m.
leaving a fat nil EV for the coming Xstrata funded drill.
I have seen many undervalued small caps in last couple of months, but this one.....is a no brainer!
Someone is smiling big time accumulating at this level.
Looking for 6.5 to hold, higher swing low on charts.
Entering 4th Qtr, Xstrata drill can't be far
