RNG seems to be beyond the pure explorer stage yet the price reflects an explorer.
If you price say AU$500 per ounce * 50000 ounces = $25M or 72% of capitalisation or a p/e of 1.4
Normally price reflects the mix of risk, facts and irrational sentiment.
=> So what am i missing, what is the share value on coming good on the lower end, 50,000 ounces as they seem to be talking about higher values ?
Thanks
RNG seems to be beyond the pure explorer stage yet the price...
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