It would appear that the market does not see any value in us…
…..we are basically valued at $100oz (In-ground value) X 668,000 oz (MRE) / 760m SOI = ~$0.09c (as highlighted by @Eintracht above)
We have discussed this “In-ground Value” before and we all expect this to increase as the POG went up……..and it did for those companies that had a plan to monetise their assets 1-2 years ago…..and for those that achieved production were rewarded.
unfortunately for GBR they were too slow…..now we have to ride out the “Talk is cheap and actions speak louder than words” period until someone offers to take us out for .30c valuation as per @CaptainTony.
Add to My Watchlist
What is My Watchlist?
