Hi @plough Read my post on the other thread. The Mace valuation...

Hi @plough

Read my post on the other thread.

The Mace valuation in the CSA report relies on comparative transactions for mining leases based on $/km2.

It’s like they are weighing the tenement like meat at the butcher shop. No other factors taken into account. They may as well have said we don’t have a clue of its value, so please assume it has zero economic value.

The Mace prospect would change hands for more than 0.4 to 1.8 million IMO.

It’s not just another piece of moose pasture you value on a square km basis. What a joke the ASX and corporation law rules are if this is the best they can produce for investors. Esh