OK so your saying that Minara Resources (currently at $1bil) is over valued?
With Cawse and in production (would take around 3 months) you would be looking at roughly the same MC.
Did you read that report I posed about the broker evaluation of Panoramics resource? That is the same size as POS's resource (it is lower grade) and that has a current valuation of $250Mil. I suppose that is also over valued as well!
You only need to do the numbers.
nothing happen, page-20
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