And another thing to consider is that with 581,425,131 shares on...

And another thing to consider is that with 581,425,131 shares on issue and trading at 3.4cents the MC is about $19.7 million (EV ~$16.5 million) which doesn’t leave much fat (other than blue sky mining) against the scoping study value of $20.3 million (EBITDA base case for 60% share). Remember this is before tax.

So maybe level heads are better prevailing IMO to see if the company can deliver what is promised and what additional value the company might be able to deliver through exploration with the proceeds of the mining before running the share price up to 7cents again, based on HC hype alone. You don’t want to be handing the escrow guys a gift on a plate IMO, make them work for their supper and their super. Esh