holding the line at 0,30x325 M shares= 97,5 M market cap.
reecap of what we got:
- 14M$ cash,
- 16M$ worth of GL1 shares,
- ~40M$ or 20% Manna Li free carried at today valuation of GL1
- 20M$ of potential milestones payment if certain criteria are met from GL1
- Ullaring
- 650sqm tenement
- 1,7M ounces in the ground of which now derisked ~750kounces fully contained in open pit worth 385M$ after mining cost Ex cap cost
- Upside from UG resources
- news flow: 4 months of drilling with two rigs
As expected this is the news from Corporate read thsi morning :
holding the line at 0,30x325 M shares= 97,5 M market cap. reecap...
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