Personally I don't see us reaching 15c. But whether the market agrees with the fundamentals, who knows.
That'd give us a $84m market cap... Backed by $50m in cash/cash equivalents.
Considering CYM's agreement with IGO (70/30 split), we also have $9.6m of exploration activities completely funded.
That leaves us with $25m for Nifty and all of our other assets.
There's plenty of ASX listed gold explorers with ~100koz resources valued at $25m. The copper is effectively free at this valuation.
Personally I don't see us reaching 15c. But whether the market...
-
- There are more pages in this discussion • 3,040 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
