So undervalue !!!Current SP .03 , MC -$67MReady to be a GOLD...

So undervalue !!!

Current SP .03 , MC -$67M

Ready to be a GOLD producer any day this month!!

Valuation


5c/SP for current reserves and upgrades.

+

With current plant expansion and to produce gold @26000oz/PA , upgradable to 100 000oz/pa.

5-10c/SP


+


Peers -

GRY similar resources of 1.5Moz , $554M MC

AZM 1.2Moz - $159m MC

Castle 0.16M oz -$36m MC

Comparing to peers SP should be 0.15.



Just Remeber -

-Ore is already being stockpiled

-Haulage in progress

Almost 1.5 million ounces in Indicated & Inferred Resources (23.4 million tonnes at 1.95g/t gold)

Refurbishment of CIL Plant should be finished and in testing mode.

Company actively progressing opportunities to expand
production. "100 000 oz/PA"

Aggressive exploration underway,considerable potential for resource growth.


DYOR - check SBL website!!!