Ann: Quarterly Activities and Cash Flow Statement, page-24

Agree. Unless it's zinc and possibly nickel or potash.

Everything else is a license to get sold off by the market.

Cheap at current levels but one question will be whether Upsky (Gavin Wates) is a seller, having left the company. It does happen, regardless of what might be coming. So far so good.

Other than that, we have a Patos advisor onboard as the 4th biggest holder (Kobia), what looks like a relation of his (Blu Bone - Dan Bahen) as 3rd biggest holder and Mathew Walker of Cicero as the 5th biggest s/h.

Good cash position, low EV.

What could go wrong?