wow, looks they really may be serious with this gold project...the 5% discounted NPV of $250m with current gold spot prices is an eye-catcher.
with a market cap of only $20m, this has a lot of upside.
the announcement states about 6 months approximately to organise the $100m financing, leaving about $36m still to raise...possible cap raising or placement to do so?
we shall see, although there are several 1,000,000+ share trades going through in the last 10 minutes....
wow, looks they really may be serious with this gold...
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