We are essentially pegging ourselves POSCO/GXY.
If our results are positive tomorrow we have a resource equal to that of POSCO = $395m AUD
If POSCO overpaid, which I've not seen any commentary on, and your wanted to conservatively value us at 50% less, that's still $200m AUD = 3x our current MC.
In addition to Canadelas, we still ave;
Western tenements
Greenbushes WA
Fingers crossed for tomorrow!
General Discussion Banter GLN, page-1832
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Mkt cap ! $60.50M | |||
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