I'd forgotten to look at volume for confirmation. At the moment it is quite low and the offer side is still non-existent. Either way I'm happy for it to consolidate for a bit before the next leg up.
At 28 cents I believe EV/OZ is $28 (assuming 202m shares on issue and circa $6m cash). Does anyone else know of companies with Aussie assets with a cheaper EV/OZ (and at least 1moz resource)?
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