Ann: 2017 Full Year Results Presentation, page-13

Agree.
And in the meantime half of its revenue is with gold drilling and gold is at a relatively good price.
Mining seems booming as also appear in the ann see the page 13 for detail
 Mining industry debt ratings are improving
 Improved industry balance sheets will result in increased drilling activity for reserve / resource replenishment
 Improvement of 99% in MSCI index since Q1 2016
 Suggests increasing investor interest in mining sector
 Junior equity raisings trending upwards
 Greater availability of funds for exploration activity