So how are they taking the piss?
Visible gold in reefs, pannable gold in alluvium and have gotten in at what appears a fair price.
Sure lots of work to do, but that's what it's about. The current owners apparently can't do the work needed to discover more and then develop, at least that is how I read it, and Monax is bringing that to the table.
In today's climate I think it is a great result.