Valuation, page-143

I imagine if the EIS is accepted for Mira next quarter (which is only ~1.5 month away), a re-rating is inevitable and I would go as far as saying anywhere north of $80mill+ MC.

Securing funding for initial capex of $75mill for a potential $1.4b project should come easy enough post EIS and we're only discussing numbers for Mira here, the Chuscal JV with Anglo is yet to play out also - that in itself looks enticing.

Current/short term MC should be hovering at ~$20mill taking into account the purchase price of Mira and the JV with Anglo re. Chuscal.

GLTA!!