ROL looks dirt cheap at the moment, being valued at an EV of only $73 per equivalent once of Au, including cash.
Also important to note that both main deposits measured in the JORC are both open at depth and at extensions. They've only drilled down to a max depth of 150m, so there could be major upside from depth as well as shallower extensions of the deposit.
Also note that there could be potentially 6-8 equivalent or even bigger sized deposits over the entire island, given time. This JORC is essentially just a small portion of the total potential, and combined with their ultra-low drilling costs and great management make this a keeper long-term. I'm happy to keep picking up on the dips :)
ROL Price at posting:
$1.40 Sentiment: Buy Disclosure: Held