Yeah, a bit disappointing really. Current MC ($21mill @4.3c)is justified by Ulysses, and there is 4000m of drilling going on there at the moment to test the high-grade shoots at depth.
Ulysses is potentially a 70k oz p.a, 10 year+ mine, a little like Rothsay. All depends on what the grades look like.
I'd put it on the watchlist. Any dip into the 3c's would be an opportunity IMO. Don't write off Barimia just yet
Barimia potential, page-7
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