AP has stated that the projected economics are robust and that he is expecting a share price re-rating as the big announcements come. Youanmi is also a mine restart and not a greenfield project so it has been a successful operation previously.
Yes, a market cap of $46m is ridiculously cheap. That is why I increased my shareholding last week. I would not be at all surprised at all if the market cap broke $100m this year.
RXL Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held
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