I could argue we should shoot the management for not already getting the share price to 60 cents.... we have over $300m in resources and our MC is about $15m at the moment....
Even of the share price was 60cents then the MC would be $30m..... hardly a fair price for what we have in the ground.
What we need is a proper Scoping report...... outlining the exact cost of mining to give a true potential of this stock.
Will be interesting to see the reaction to todays announcement tomorrow. Might be a big volume day....
AHR Price at posting:
31.0¢ Sentiment: Hold Disclosure: Held