No, there is no risk. The market applies zero value to Smarts...

No, there is no risk. The market applies zero value to Smarts underground, the Tallman open-pit mineable mineralization, the highly probable mineralization below that and the exploration potential (Goldstar, already found something, Nine Mile with previous 70k ounces 18 g/t open-pit, Gem Creek, Upper Itaki, Kaburi Hills). The current market price is just right for current operations and deferred tax assets. The planned Smarts 3 pit design change and improvements to current operations are not priced in either. So where is the downside?