Last price; 10c MC: 11m SOI: 111,865,197m (fully diluted, only 88,014,995 FPO shares) Cash: 1.4m
Finally the news ive been waiting for. Project approved ! Should rerate from here
Had a previous raise at 10c (in july). Only 1.4m left in the kitty. most likley need another raise soon, but the price has based at 10c for months.
-Potential Tier1 Copper gold porphyry 1.2Mt Cu & 3.2Moz Au (Inferred MRE in Aug 2020) -cheap compared to peers (EV: oz AU) -big name neighbors -solid copper project in QLD -offloading Vanuatu project
