With many more meters of assay to report for the next 2 months, don't be surprised if we are $30M. I have seen more for less.
I would think within that 2 months, that I would expect strategic investors would have reached out to ARS. Maybe even offering to pay a higher premium?
The hook for any CR is that it was mined before, lessons have been learned, data is available.All this coupled with a Can Do Leadership, could produce a short time line to production.
Also, don't be surprised of a JV or other transaction regarding Jindabyne. It has had big players look over it in the past.
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