Regardless of where the shareprice is the PAC report conservatively values it without Irvine, at 32 cents.
With drilling results due soon enough and an increasing resource of high grade IO and extended mine life - do the math.
Its undervalued. Its been undervalued for a very very long time.
As Cockatoo expands this must make Irvine more attractive..
plv up 50% in december - bring on january..., page-33
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