-
Share
315 Posts.
521
07/10/21
20:31
Share
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.
-
