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I'm a little late with this one, but in the annual report 18...

  1. AndyS1967
    31 Posts.
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    21/10/24
    11:49
    Post #: 76220168
    I'm a little late with this one, but in the annual report 18 September, the NAV of the business is listed as ~$14m, but the current Market Cap is $9m. So essentially the business is currently 50% undervalued if you believe in its long term potential.

    I'm in for about $4000 at the moment, at a cost of 3c per share and thinking of tapping in some more as a decade long hold. The gold holding and the deal with DLI looks to be very positive for the business.

    What the overall sentiment on the report?
    RR1 Price at posting: 1.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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