Yes, and the Argonaut valuation was done when Silver was US$14.40 per ounce, zinc and lead have also risen significantly. The new tonnage will be significantly higher (as will the tonnage in 6 months time) .
My personal share price target, based on everything I have heard, seen and dug up is 70c at BFS/mid 2020 with no further major discoveries. If Yegon Deeps or ER Valley produce 50 metres at 50% lead/zinc it will go a lot higher. So that is an 18 month wait for a Disallowed. If the macro crashes I would still expect very nice profits and if the Labour party doesn't get in the way there will be time for a capital gains discount as well.
Off to Cameroon in a couple of days to suss out something else so you may see little from me for a bit but look out for that resource statement and keep in mind discoveries since mid-December didn't make it in time for the cut-off.
Sentiment: You'd be mad to sell
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Yes, and the Argonaut valuation was done when Silver was...
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