I don't believe so. Not for the (fuller) price you expect.
I think it's seen as an immature asset where the significant value add comes from the drill-out of the resource being added to rapidly as it has been for the last few years (Keep showing an impressive slide of).
What do think could happen, if they want to raise funds for that drill-out. They could float part of it out say 60% into the gold price strength. That way the market will be able to show what they think of it/value it at and they have funds to meet the gaol I noted above.
Please note : What I've said above anticipates they have no real problem raising the funds they need for Hillgrove, in line with what they've indicated.
All IMVHO.
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