The sale of the WA gold asset is a huge vote of confidence. The extra $150k in cash from the sale doesn’t hurt either.
New chair out of the UK who has successful experience permitting at Adriatic Metals is also a step up for Black dragon.
if I was a betting man, next quarter we will get local approval (zoning etc) which will trigger environmental approvals. Once that happens we will be valued like a true high grade 1Moz+ developer with growth potential to over 2Moz… can’t imagine this being anything less than 5x above current prices over the following months.
exciting times!
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