12 months ago Argonaut put a 10 cent valuation based on outdated resource statement and zinc at $1 a pound. This is a risked valuation. I would imagine once a new resource statement comes out, and the DFS, the de-risked valuation will be considerably higher than 10 cents.
People will want in when they see how close to production we are.
If anyone else can add to the valuation discussion please join in.
