Valuation of $30/oz for a starting open pit operation with 1m oz resource with enormous potential for resource increase doesn't make sense. Like the slide on first page with the mineralized drill cores - indicative of how rich some of the prospecting is.
At $1700/oz this could easily be a $1.20 but instead is sitting at 20 cps. Why the huge undervaluation here?
Ann: Company Presentation , page-2
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