Locantro says, as a rule of thumb, around $40m per million oz (undeveloped). So current resource ounces / market cap aren’t particularly out of kilter with his metrics. Just not sure if the market will ever really get behind Bombora again.
AN1 CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch
Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks