Altho I am dismayed by recent SP falls, as I see it we have at least two highly viable (Winchester and Geolsec ) deposits one of which has a bankable feasibility study completed and the other requiring a takeoff agreement before the cash starts to flow. With a recent SPP oversubscribed at 33c (contemporary SP of 36c) and the present level of 22c per share this surely presents a takeover target to a suitably funded management team.
As an "unsophisticated" investor, what am I missing?
unchanged fundamentals
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