I think the market cap is being held back by the loan overhang,...

I think the market cap is being held back by the loan overhang, the old and unfavourable preliminary economic study which included a cobalt roaster on site (because apparently selling a cobaltiferous pyrite con was...impossible?), which was based on the Vardy Resource which is lower grade than the PY3 shale is turning out to be (ie; PY3 is higher grade).

I think the PY3 mineralisation is proving up nicely at >1% Cu and 0.2% Co, plus Ag, Zn, Pb.

So I think this has a little ways to go yet.