Hey Jo,Its hard to keep your head when doubt creeps in over...

Hey Jo,

Its hard to keep your head when doubt creeps in over time.

The independent valuation of the project is around $US 240m and gives west wits $180m usd I believe after they rejigged the dfs. That's for our toll treatment and relatively piddly 55k oz operation.

Having been in a negotiation recently for seed capital for an exploration company in the Pilbara their pitch was the big money when they go for it in March will be at a much larger valuation of the company than present etc. When it gets time for big money normally you start using the NPV for the project so you might be pleasantly surprised what's announced. Either way once they get the $20m USD they need we are into production and a re-rate will occur.

Looks like China and others are buying up gold in fear of USD hegemony, crypto nuts will also pivot to gold if it looks like a big run is imminent and then the big run will be self fulfilling prophecy