Gives a clear picture as to what management view as fair value for the project. The northern half of the asset, were they to sell it, would be looking at US$250-300mil.
While our current MC fully diluted sits at ~AU$200 at the moment (~US$150mil)
Doesn't even take into account the 100% owned tenements
Gives a clear picture as to what management view as fair value...
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Mkt cap ! $2.752B | |||
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