This is definitely a let it run strategy as it's not like last bagger CYP where it's very hard to value.
This is easier to understand, and whilst there remains new potential income streams from current mine extension + new mine, then it's a genuine re-rating.
I haven't sold any yet.
Obviously I'll offload at some stage, it's not one I'd hold for years, once it starts going beyond cash and asset backing, then I can value the future cashflow.
Cash could take us to 4c alone over next 12 months.
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