They have $8m in cash and a reasonable gold prospect being proved up..
Can see that regular high grade hits are possible but not sure if management have the energy to fast pace the drilling program?? A fair market price now circa 17c or 15m MC.. It will fill the gap imho
New Feature Announcement!
We’re excited to introduce the DealRoom portal, now live on site, providing users with exciting access to private equity opportunities for both pre-IPO and publicly listed companies.
See full details by selecting the new menu item named 'DealRoom' on our main menu bar or click below.
Stay ahead of the market, with HotCopper.