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3,538 Posts.
4
07/03/16
09:25
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Trading at $2 million marketcap
Debt fully repaid to Terrain.
Has cash to keep adminstration going thanks to HK investors + their deal with CGPL
Farmed out 50% their flagship advanced gold project, near Leonarra, to CGPL & be free carried next 18 months
Note measured & indicated gold resource from late 2014
Surely given location of asset + resource proven, EV can't be valued at circa $1.7 million???
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